1 High-Yield Dividend Stock You Can Buy and Hold for a Lifetime of Passive Income
Enbridge (NYSE: ENB) has built one of the most durable businesses in the energy sector, which has enabled the Canadian pipeline and utility company to deliver reliable results over the decades. It has paid dividends for over 70 years, increasing its payment for the past 30 in a row. Meanwhile, it's on track to achieve its annual financial guidance for the 20th straight year. That dependability should continue in the decades ahead. With its dividend yielding more than 6% these days, Enbridge is an ideal stock to buy and hold for a lifelong stream of dividend income.Image source: Getty Images.Continue reading
Enbridge (NYSE: ENB) has built one of the most durable businesses in the energy sector, which has enabled the Canadian pipeline and utility company to deliver reliable results over the decades. It has paid dividends for over 70 years, increasing its payment for the past 30 in a row. Meanwhile, it's on track to achieve its annual financial guidance for the 20th straight year.
That dependability should continue in the decades ahead. With its dividend yielding more than 6% these days, Enbridge is an ideal stock to buy and hold for a lifelong stream of dividend income.
Image source: Getty Images.
