Enbridge (ENB) Dividend Coverage Ratio (2012 - 2026)
Enbridge's (ENB) Dividend Coverage Ratio was 0.66 for Q2 2026, down 37.8% from 1.06 a year earlier and down 16.6% from the prior quarter.
Enbridge (ENB) Dividend Coverage Ratio (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Enbridge's Dividend Coverage Ratio came in at 0.68, down 11.0% year-over-year; for FY2025, it came in at 0.86, up 34.1% from FY2024.
- By year, Dividend Coverage Ratio came in at 0.64 in FY2024 (-20.0%), 0.80 in FY2023 (+116.0%), 0.37 in FY2022 (-56.8%) and 0.86 in FY2021 (+89.0%).
- Five-year quarterly Dividend Coverage Ratio spans a low of -0.61 in Q4 2022 and a high of 1.11 in Q1 2022.
- Year over year, Dividend Coverage Ratio gained in four of the last eight quarters, with growth averaging 34.6%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q2 2023 (growth of 298.3%); the low point was Q4 2024 (a decline of 72.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.79 (Q1 2026), 0.95 (Q4 2025) and 0.33 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 0.66 |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 1.55 |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 1.63 |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 1.30 |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.00 |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | - |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | - |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.66 |
| Mar 31, 2026 | 0.79 |
| Dec 31, 2025 | 0.95 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 1.06 |
| Mar 31, 2025 | 1.10 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.65 |
| Jun 30, 2024 | 0.95 |
| Mar 31, 2024 | 0.73 |
| Dec 31, 2023 | 0.92 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 1.03 |
| Mar 31, 2023 | 0.96 |
| Dec 31, 2022 | -0.61 |
| Sep 30, 2022 | 0.73 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 1.11 |
| Dec 31, 2021 | 1.09 |
| Sep 30, 2021 | 0.40 |
Enbridge Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "ENB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();