Written by Sneha Nahata at The Motley Fool Canada
Top Canadian energy stocks are popular among investors seeking dividend income. The primary reason is that most energy companies have historically paid significant cash to their shareholders via dividends.
Additionally, some of the top energy companies have consistently increased their dividends for years, enabling investors to earn a growing passive income. Against this backdrop, let’s look at top Canadian stocks from the energy sector that dividend investors could consider investing in in March 2024.
Enbridge
Speaking of top dividend-paying energy stocks, investors could consider investing in Enbridge (TSX:ENB). The energy giant transports crude oil and gas. What stands out is that Enbridge has been uninterruptedly increasing its dividend for 29 years. Further, its dividend boasts a compound annual growth rate (CAGR) of 10% during the same period….
