SO dividend yield: 3.42%. ENB dividend yield: 9.58%. Southern Company is a Dividend Aristocrat with 23+ consecutive years of increases. It serves 9M+ customers across Georgia, Alabama, and Mississippi through its regulated electric and gas utilities. Vogtle Unit 4 nuclear plant completion in 2024 adds decades of low-carbon baseload generation capacity. 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.
Southern Company is a Dividend Aristocrat with 23+ consecutive years of increases. It serves 9M+ customers across Georgia, Alabama, and Mississippi through its regulated electric and gas utilities. Vogtle Unit 4 nuclear plant completion in 2024 adds decades of low-carbon baseload generation capacity.
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.
SO currently offers a 3.42% yield (2.88/share/year) while ENB offers 9.58% (3.66/share/year). ENB provides higher current income. However, ENB has grown its dividend faster (5.5% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in SO vs ENB earn per year?
With $10,000 invested today: SO pays approximately $342/year. ENB pays approximately $958/year. With DRIP reinvestment over 10 years, these grow to $614/year (SO) and $4,487/year (ENB).
Does SO or ENB pay monthly dividends?
SO pays quarterly dividends. ENB pays quarterly dividends. Neither pay monthly — both use a quarterly schedule, which is preferred by investors who need regular cash flow.
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