Secure Dividends: How to Turn $10,000 Into Reliable Passive Income

Enbridge Inc. (TSX: ENB) is a leading North American energy infrastructure company, operating across multiple segments including Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Founded in 1949 and headquartered in Calgary, Canada, Enbridge has established itself as a critical player in transporting and distributing energy across the continent.

The company's Liquids Pipelines segment operates an extensive network that transports various grades of crude oil and liquid hydrocarbons across Canada and the United States. This network is vital for delivering energy to refineries and markets, ensuring a stable supply chain. In the Gas Transmission and Midstream segment, Enbridge invests in natural gas pipelines and processing facilities, facilitating the efficient movement of natural gas to meet consumer and industrial demands.

Enbridge's Gas Distribution and Storage segment serves millions of residential, commercial, and industrial customers, primarily in Ontario and Quebec, providing reliable natural gas distribution and storage solutions. Additionally, the Renewable Power Generation segment underscores Enbridge's commitment to sustainability by operating wind, solar, geothermal, and waste heat recovery facilities across North America.

For investors seeking reliable passive income, Enbridge presents a compelling opportunity. The company has a strong track record of paying consistent and growing dividends, supported by its diversified operations and stable cash flows. As of March 25, 2025, Enbridge offers an attractive dividend yield, making it a suitable choice for those looking to generate income from their investments.

Investing $10,000 in Enbridge stock can provide a steady stream of dividend income, contributing to a reliable passive income strategy. The company's focus on energy infrastructure, combined with its commitment to renewable energy projects, positions it well for long-term growth and sustainability.

Stock Performance Analysis: Enbridge Inc. (TSX: ENB)

Metric	Value
1-Year Stock Growth	+22.98%
Market Cap	$95.88B
Beta (5Y)	0.89
52-Week High	$45.78
52-Week Low	$32.85
50-Day Moving Average	$43.43
200-Day Moving Average	$40.59

📌 Enbridge has demonstrated solid stock performance over the past year, with a 22.98% increase in stock price. The company's beta of 0.89 indicates lower volatility compared to the market average, making it a potentially stable investment choice.

📈 Enbridge Inc. (TSX: ENB) has shown a steady upward trend over the past year, reaching a 52-week high of $64.66, supported by strong investor confidence and consistent performance in the energy sector.

Peers Comparison: Enbridge Inc. (TSX: ENB)

Code	Name	GIC Sector	Market Cap	Beta	52-Week High	52-Week Low	50-Day MA	200-Day MA	Shares Short	Short Ratio	Short %
PFCB	Picton Mahoney Fortified Core Bond Fund	Energy	—	0	10.77	10.04	10.62	10.52	0	0.00	—
PHW	Purpose International Tactical Hedged Equity	Energy	—	0	20.54	17.42	19.83	19.46	0	0.00	—
ENB	Enbridge Inc	Energy	138.12B	0.894	64.66	42.54	62.38	56.84	39,070,484	3.67	0.0179
CNQ	Canadian Natural Resources Ltd	Energy	92.57B	1.846	53.77	36.61	43.21	46.33	12,196,379	1.84	0.0106
TRP	TC Energy Corp	Energy	72.23B	0.818	70.94	41.87	66.54	60.90	31,188,619	9.41	0.0419
SU	Suncor Energy Inc	Energy	68.12B	1.467	58.15	47.44	54.84	53.56	9,768,894	0.92	0.0191
IMO	Imperial Oil Ltd	Energy	53.16B	1.789	107.87	85.76	98.60	98.01	3,801,804	4.24	0.0246
CVE	Cenovus Energy Inc	Energy	37.31B	2.529	28.83	17.26	20.57	23.19	12,311,846	1.57	0.0143
PPL	Pembina Pipeline Corp	Energy	33.40B	1.455	58.94	43.74	53.53	54.29	15,172,455	3.08	0.0386
CCO	Cameco Corp	Energy	28.52B	1.030	88.18	48.65	67.46	68.37	3,435,212	2.46	0.0143

📌 Enbridge Inc. stands out among Canadian energy sector peers with its large market cap, low beta, and consistent dividend history, making it a stable choice for passive income investors.

Valuation Measures: Enbridge Inc. (TSX: ENB)

Metric	Current	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023
Market Cap	138.12B	132.88B	119.66B	103.48B	104.05B	101.39B
Enterprise Value	244.80B	233.12B	214.98B	196.66B	186.16B	183.11B
Trailing P/E	27.09	20.75	21.13	18.37	17.24	31.80
Forward P/E	20.96	20.33	18.08	16.72	17.24	17.42
Price/Sales	2.56	2.69	2.66	2.38	2.31	2.12
Price/Book	2.34	2.25	1.98	1.84	1.90	1.74
Enterprise Value/Revenue	4.58	4.80	4.94	4.62	4.26	4.00
Enterprise Value/EBITDA	14.51	12.89	13.01	12.31	11.39	13.78

📌 This table highlights Enbridge’s steady valuation and revenue expansion, showing strong enterprise growth and resilient earnings metrics over the past year.

✅ Key Takeaways: Why Enbridge (TSX: ENB) Is a Top Dividend Pick for Passive Income

• Reliable Dividend Yield – Enbridge consistently offers one of the highest yields among TSX large-caps, making it ideal for passive income seekers.

• Defensive Energy Infrastructure Play – Its business model is based on long-term contracts and regulated assets, offering stability in volatile markets.

• Diversified Operations – Presence across oil pipelines, natural gas distribution, and renewable power ensures strong revenue generation.

• Attractive Valuation – Reasonable P/E ratios and consistent cash flow growth provide confidence in the sustainability of its dividend.

• Long-Term Growth – Strategic investments in renewables and U.S. gas utilities bolster long-term expansion potential.