If you are looking to add some income to your portfolio in June, consider Enterprise Product Partners and Enbridge. There's one additional caveat, but it relates to both of these midstream giants. The yield is likely to make up the lion's share of your return over time. That's not going to upset dividend investors who are trying to maximize their passive income stream, but it is worth noting. Growth of the disbursements here will likely be in the low- to-mid single digits over time, driven by contractual ra ...

Analysts and investors have observed that during recent earnings calls, natural gas and oil pipeline companies have addressed the rising demand for electricity driven by data centers processing AI applications. With natural gas continuing to contribute significantly to electricity generation in the United States, it is interesting to analyze how midstream energy stocks with extensive natural gas pipeline networks are poised to gain. As the popularity of AI data centers continues to soar in the forthcoming y ...

Incremental income and visible earnings growth Enbridge secured these utility acquisitions at historically attractive valuation multiples. Because of that, it expects the utilities will be accretive to its distributable cash flow per share in the first full year of ownership. With two of the three deals now closed, they'll supply Enbridge with incremental earnings and cash flow in 2024, with the full benefit expected in 2025. Enbridge has now closed two of the three natural gas utilities it plans to acquire ...

These companies still offer compelling yields despite the market's continued rally. The S&P 500 has enjoyed a nearly unrelenting rally over the past year. It's up nearly 10% in 2024 and has surged almost 24% over the past 12 months. That has the broad-market index routinely setting new all-time highs. The S&P 500's rally also has it trading at a high-valuation multiple (more than 20 times its price-to-earnings (P/E) ratio) and low-dividend yield (around 1.3%), making it harder to find values and compelling ...

Cimmerian Usually, high-yielding dividend stocks are associated with limited growth prospects and relatively elevated financial or business risk. The theory behind this is that, mathematically, to offer an attractive yield, the multiple (or price) has to be low against which the current income streams could be material enough to generate tangible yield. The multiple, in turn, is low when there is not a huge growth potential (i.e., the future cash flow profile is flat) or there is just too much uncertainty a ...

More than 4.5 million customers in 13 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to providing reliable, affordable, and increasingly clean energy every day and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more. SOURCE Dominion Energy Questar Gas Company, with more than 21,000 system miles, serves 1.2 million customer accounts in Utah, Wyoming, and Idaho ...

CALGARY, AB, June 3, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") announced today the closing of its acquisition of the Questar Gas Company ("Questar Gas") and its related Wexpro companies ("Wexpro" and collectively with Questar Gas, "Questar") from Dominion Energy, Inc. ("Dominion"). The Questar Gas utility will be doing business in Utah as Enbridge Gas Utah, in Wyoming as Enbridge Gas Wyoming, and in Idaho as Enbridge Gas Idaho. Questar will join Enbridge's Gas Di ...

z1b While the high-yield sector (SCHD) has largely recovered in recent weeks, several high-quality, high-yield dividend growth stocks remain well below their all-time highs. These stocks currently offer compelling combinations of safe and attractive current income, strong dividend growth potential, and significant valuation multiple expansion potential moving forward. We are loading up on several of these in our portfolio. In this article, we will discuss two of our favorites at the moment. #1. TC Energy St ...

With a huge 7.3% dividend yield and decades of annual dividend increases behind it, Enbridge has fallen into a period of slower growth. Management put a number on that, too, with guidance of roughly 3% distributable cash-flow growth each year between 2023 and 2026. The dividend won't grow any faster than that and may, in fact, grow more slowly. The big yield was always going to be the key driver of investor returns with Enbridge, but it could be virtually all of the return for a couple of years. Management ...

n I 1 X H x I er I I H n I I F I I - 2025 ISD) chrlif Enbridge (NYSE:ENB)(TSX:ENB:CA) is a large Canadian midstream company with a market capitalization of almost $80 billion USD. The company saw a late April dip to more than 10% below the current price at less than $33 / share. As we'll see throughout this article, despite the recovery from that dip, the company still remains a valuable investment opportunity. Enbridge Q1 2024 Results Enbridge managed to achieve strong results in the quarter, with a double ...