About Enbridge Inc. (ENB) — Dividend Analysis 2026
Enbridge is Canada's largest energy infrastructure company, operating the world's longest crude oil and liquids transportation system. Its pipeline network moves ~30% of North American crude oil production. 29+ consecutive years of dividend growth. Long-term take-or-pay contracts provide cash flow visibility for years ahead.
Is ENB a good dividend investment in 2026?
ENB offers a 9.58% forward yield with a 65% payout ratio. With a safety score of 95/100, the dividend appears very safe. The 5-year dividend CAGR of 5.5% demonstrates strong, consistent growth that outpaces inflation.
ENB DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your ENB portfolio grows to $35.4K vs $24.3K without reinvestment — a DRIP bonus of $11.1K. This is the compound interest effect in action.
ENB dividend growth history & forecast
ENB has grown its dividend by 3.1% over the last year and 5.5% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 9.58% — illustrating why dividend growth stocks are powerful long-term wealth builders.
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🌍 ENB Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold ENB.
Gross yield
9.58%
Tax rate
15.00%
After-tax yield
8.14%
Real yield (−CPI)
5.34%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
9.58%
6.78%
$958 / yr
🇺🇸 US Taxable (15%) ✓
15%
8.14%
5.34%
$814 / yr
🇺🇸 US Taxable (20%)
20%
7.66%
4.86%
$766 / yr
🇬🇧 UK ISA
0%
9.58%
6.78%
$958 / yr
🇬🇧 UK Taxable
8.75%
8.74%
5.94%
$874 / yr
🇨🇦 TFSA
0%
9.58%
6.78%
$958 / yr
🇨🇦 CA Taxable
25%
7.19%
4.39%
$719 / yr
🇦🇺 Super (pension)
15%
8.14%
5.34%
$814 / yr
🇦🇺 AU Taxable
30%
6.71%
3.91%
$671 / yr
🇩🇪 DE Taxable
26.375%
7.05%
4.25%
$705 / yr
🇫🇷 FR Taxable
30%
6.71%
3.91%
$671 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 ENB Income Goal & Break-Even
Dividend Break-Even
10yr
Years for dividends to repay your full ENB investment price of $38.20/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$18.0K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$15.6K
How much do I need to invest in ENB for:
Shares needed
7,715
Capital required
$294,713
Monthly income
$2,000
Based on current dividend of $3.66/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 ENB Dividend Payment Schedule
ENB pays quarterly — 4 times per year. Next ex-div: Feb 13, 2026.
Jan
Feb
💰
Mar
Apr
May
💰
Jun
Jul
Aug
💰
Sep
Oct
Nov
💰
Dec
10 shares
$7.78 / payment
$31.11 / year after tax
100 shares
$77.77 / payment
$311.10 / year after tax
1,000 shares
$777.75 / payment
$3111.00 / year after tax
📊 ENB vs Energy Sector Benchmarks
How ENB compares to typical Energy sector averages.
Dividend YieldENB: +9.58% vs sector avg 4.60% ✓ Better
Payout RatioENB: 65.00% vs sector avg 58.00% ↓ Below avg
ENB━━ Energy avg: 58.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.