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Enbridge Stock: Dividend Growth and Revenue Increase Despite Price Drop
- Enbridge (NYSE: ENB) has increased its quarterly cash dividend for 31 consecutive years.
- Enbridge's stock price is currently 18% below its high despite revenue nearly doubling.
- Enbridge is a Canada-based energy pipeline company with a long track record of dividend growth.
- Currency fluctuations impact Enbridge's dividend in U.S. dollar terms.
- Enbridge could serve as a steady cash flow generator for dividend-focused investors.