Enbridge identified as steady dividend grower for long-term investing

Enbridge (TSX: ENB) is highlighted as a potential long-term investment for education savings due to its consistent dividend growth. The company operates an extensive pipeline network across Canada and the United States, transporting crude oil and natural gas, and maintains a natural gas utility business and renewable power portfolio.

Revenue is largely driven by long-term contracts and regulated assets, providing predictable cash flow. Enbridge has increased its dividend for 27 consecutive years. With the stock trading near $69.70 and an annual dividend of $3.88, the current yield is approximately 5.6%. Management has projected an average annual growth in earnings and distributable cash flow of roughly 5% after 2026.