Enbridge Inc. (NYSE:ENB) is recognized as one of the 11 Best Income Stocks to Buy According to Hedge Funds, offering a 6% dividend yield well above the market average. The company has a history of 30 consecutive years of dividend growth, showcasing reliability and commitment to shareholder returns.

Enbridge Inc. (NYSE:ENB) operates on a fee-based business model focused on energy infrastructure like pipelines, ensuring stable cash flow. As a major player in the North American midstream sector, Enbridge has the capacity for growth through acquisitions and investments in natural gas utilities and clean energy projects.

Enbridge Inc. (NYSE:ENB) currently pays a quarterly dividend of C$0.9425 per share, generating a dividend yield of 6.04% as of July 31. The company’s strong financial position and commitment to shareholder returns make it an attractive choice for dividend investors.

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Read more at Yahoo Finance: The Case for Enbridge (ENB)