Is Enbridge's Ultra-High Dividend Yield Worth the Risk?

Is Enbridge's Ultra-High Dividend Yield Worth the Risk?

Enbridge (TSX:ENB) is a top Canadian pipeline operator I’ve pounded the table on for a long time — years, in fact. And looking at the stock chart above, that call has certainly worked out for dividend investors and growth investors alike. Indeed, around the time of the pandemic, Enbridge’s yield popped into the high-single-digit range and stayed there for quite some time. The market believed the company would cut its dividend, given the economic…