You Can Confidently Buy and Hold This Resilient 6%-Yielding Dividend Stock Through at Least the End of the Decade

There's a lot of uncertainty in the market these days. Many economists believe that tariffs could cause inflation to rise and economic growth to slow. That makes investing money with much confidence difficult, since those headwinds could impact corporate profits and stock prices.However, some companies are in a better position to withstand the current challenges than others due to their highly resilient business models. Enbridge (NYSE: ENB) is one of those companies. The pipeline and utility giant generates very predictable and stable cash flows. Meanwhile, it has visible growth ahead through 2029. Because of that, you can confidently buy and hold the 6%-yielding energy stock through at least the end of the decade. Image source: Getty Images.Continue reading

May 11, 2025 - 09:35

You Can Confidently Buy and Hold This Resilient 6%-Yielding Dividend Stock Through at Least the End of the Decade

There's a lot of uncertainty in the market these days. Many economists believe that tariffs could cause inflation to rise and economic growth to slow. That makes investing money with much confidence difficult, since those headwinds could impact corporate profits and stock prices.

However, some companies are in a better position to withstand the current challenges than others due to their highly resilient business models. Enbridge (NYSE: ENB) is one of those companies. The pipeline and utility giant generates very predictable and stable cash flows. Meanwhile, it has visible growth ahead through 2029. Because of that, you can confidently buy and hold the 6%-yielding energy stock through at least the end of the decade.

Image source: Getty Images.