5 Best Canadian Dividend Stocks For Income Investors

4. Enbridge Inc. (NYSE:ENB)

Number of Hedge Fund Holders: 35

Enbridge Inc. (NYSE:ENB) is next on our list of the best Canadian dividend stocks for income investors. The energy infrastructure company has been growing its dividends for the past 29 years and offers a per-share dividend of C$0.915 every quarter. The stock has a dividend yield of 7.49%, as of January 30.

Enbridge Inc. (NYSE:ENB) was a popular stock among elite funds in Insider Monkey’s database in the third quarter of 2023, as the company ended the quarter with 35 hedge fund positions, up from 28 in the preceding quarter. The total value of these stakes is over $401 million.

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