**Enbridge: Q3 Earnings Fortify My Confidence**
*By KM Capital | 7.3K Followers*

Enbridge Inc. (ENB) has delivered strong Q3 earnings, reinforcing my confidence in its stable fundamentals and robust dividend yield. Despite operating in a mature industry like midstream, Enbridge continues to demonstrate solid EBITDA growth, highlighting its resilience and growth potential.

Management has set a target of a 5% distributable cash flow CAGR over the next five years, underpinning the safety of ENB’s attractive 5.6% forward dividend yield. This disciplined approach to cash flow growth supports long-term shareholder value and income stability.

Furthermore, Enbridge’s ambitious capital projects pipeline coupled with its share price outperformance against the S&P 500 signals promising long-term value creation for investors. In light of these factors, both ENB shares and the Cumulative Redeemable Preferred Stocks Series L (EBBNF) have earned a “Strong Buy” rating due to their attractive yields and strong fundamentals.

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### About the Author

I come from an IT background and began exploring the U.S. stock market seven years ago by managing my family portfolio. Transitioning to managing real money was challenging at first, but countless hours mastering fundamental analysis of public companies have now given me solid confidence in my investment decisions.

My hands-on experience has fostered a deep understanding of the balance between risk and reward. Motivated by a desire to share insights and contribute to the investor community, I have joined Seeking Alpha to offer clear, jargon-free analysis accessible to investors at all experience levels.

While my background equips me with valuable perspectives on technology stocks, my research spans diverse sectors to uncover promising opportunities throughout the broader economy. Whether you are a seasoned investor seeking fresh perspectives or a new investor starting your financial journey, I invite you to join me in exploring the market through thoughtful analysis and collaboration.

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### Analyst’s Disclosure

I/we hold a beneficial long position in ENB shares, either through stock ownership, options, or other derivatives. This article reflects my own opinions. I am not receiving compensation for it other than from Seeking Alpha. I have no business relationship with any company whose stock is mentioned here.

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**Disclaimer:** Past performance is no guarantee of future results. This article does not constitute investment advice or a recommendation. Any opinions expressed are those of the author and may not reflect the views of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker, or U.S. investment adviser.

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