Canadian-based Enbridge (NYSE:ENB) offers investors a 6% yield, while Plains All American Pipeline (NYSE:PAA) has a 7.5% yield. Enbridge,has a large and much more diversified business, which should be a major plus for conservative types. (Obviously, however, if you want a pure-play midstream company Enbridge won't be a good fit.) Add in a more consistent dividend history, and the slightly lower yield seems like a worthwhile concession. If you are looking at this , Enbridge is likely to be the better option today. compared to others.