Enbridge has expanded its operations through organic capital projects and acquisitions, including a gas utility transaction with Dominion. This has fueled consistent dividend growth. The company transports 30% of North America’s crude oil and 20% of U.S. natural gas, operates the largest gas utility, and invests in renewable energy.

Enbridge’s stock performance over one, three, and five years has outpaced the S&P 500. The company’s total return, including reinvested dividends, has significantly outperformed the market index, driven by its high-yielding dividend. Enbridge’s stock price has underperformed the S&P 500 but total return has been strong due to dividend income.

Enbridge has invested in expanding its energy infrastructure platform with a focus on liquids pipelines, gas transmission, distribution, and power. Acquisitions, like buying three U.S. gas utilities from Dominion, have shifted earnings mix towards gas distribution. The company’s earnings, cash flow, and dividends have grown steadily over the past five years.

Enbridge’s strategy of steady earnings growth and increasing dividends has led to a market-beating total return. The company’s focus on income and growth has resulted in a strong performance for investors over the past five years. Enbridge isn’t the fastest-growing company, but its consistent growth and dividends have benefitted investors.

The Motley Fool’s Stock Advisor team did not include Enbridge in their list of 10 best stocks for investors to buy now. The team expects the selected stocks to produce substantial returns in the future, based on historical recommendations like Netflix and Nvidia. Stock Advisor’s total average return has significantly outperformed the S&P 500.

Read more at Yahoo Finance: What Has Enbridge (ENB) Stock Done For Investors?