Enbridge Inc. raises dividend by 3%, forecasting robust earnings and cash flow for 2025.

Enbridge Inc., a pipeline company, increased its quarterly dividend by 3% to 94.25 cents per share, effective March 1, resulting in an annual dividend of $3.77 per share with a yield of about 6.2%. For 2025, Enbridge forecasts adjusted earnings between $19.4 billion and $20.0 billion, and distributable cash flow per share of $5.50 to $5.90. The guidance is based on strong business utilization, acquisitions, and new projects.

3 months ago
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