I have never been a gigantic fan of Enbridge. It was a Foundational Stock here at Stocktrades back in 2019 but we removed it in 2020 after escalating debt levels and a lack of growth.
It's had a good run as of late, but I still do view the company as a slow growing, higher yielding stock that is used for low volatility investors that are solely looking for income.
It's dividend growth rates keep up with inflation (but barely) and the company grows earnings in the low single digit range. I'd expect to earn 1-2% a year in share price appreciation plus the dividend out of this one in the best of times.
So I guess to sum it up, as a total return play, I'm not a gigantic fan. Low volatility solely for income? It's solid. Rock-solid fundamentals and a mature company that should be able to provide consistent income.