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Enbridge beat earnings expectations despite lower revenue, announcing a quarterly dividend.
Enbridge, a major pipeline company, reported earnings of $0.72 per share, beating analyst expectations of $0.68.
Despite revenue of $7.27 billion falling short of predicted $10.20 billion, the company announced a quarterly dividend of $0.679 per share, with a 5.89% yield.
Enbridge operates in five segments, focusing on energy infrastructure.
The company has a market cap of $100.50 billion and a price-to-earnings ratio of 26.80.
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Enbridge superó las expectativas de ganancias a pesar de unos ingresos más bajos, anunciando un dividendo trimestral.