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peterquinnvet

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Thursday, 02/24/2022 12:02:06 PM

Thursday, February 24, 2022 12:02:06 PM

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Enbridge (NYSE:ENB) is one of the leading energy infrastructure companies in North America. It operates oil and gas pipelines, other midstream assets, and natural gas utilities. The company also has a sizable renewable energy business.

Enbridge has increased its dividend for more than 25 consecutive years. Despite the shift toward cleaner alternative energy sources, it’s still growing and estimates it can increase its annual cash flow per share by 5% to 7% through 2024. Because of that, the company is well-positioned to continue increasing its high-yielding dividend.

https://www.fool.com/investing/stock-market/market-sectors/industrials/construction-stocks/infrastructure-stocks/
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