Hey there,
Enbridge is on 'thin' ice when it comes to the dividend. The company has a high debt load which is the primary reason why its stock has struggled this year. That said, the company did recently re-iterate DCF guidance - which is key to maintaining the dividend. The company is in the process of acquiring Dominion Utilities which is a $12.8B dollar deal. It has pre-funded $8.3B of it and will have to use multiple levers to fund the rest. The key, is that the company needs to stay below its pro-forma targeted debt ratio of 4.75 debt/EBITDA.
If it can keep debt in check and achieve 5% DCF targets then the dividend should be fine. That said, the company doesn't have a lot of wiggle room here. I'd say be cautious and stay on top of the company. Of note, I own it and am keeping it.
As for the model portfolio, we do have three different income portfolios: Dividend Growth, All-Canadian Hybrid and High Yield which you can find here: https://www.stocktrades.ca/stocktrades-premium/income-model-portfolios/
Regards,
Mat