RE:RE:RE:Three Percent Quarterly Dividend Increase for 2022The market this morning acted as expected. The big question is will it sustain the momentum, or will it be just a one day pop followed by a pull back tomorrow ?
Remember, after the last earnings ENB popped 3 %, and that was immediately followed by an 11 % pull back, so don't get too excited just yet....
Quin wrote:"3% is on the low side again but their yeild is very competative in the sector and the market overall still.
I am still trying to wrap my head around the 1.5 Billion NCIB. I know they do not have to buy any but it does give them a lot of flexability to return value to shareholders and control the share price with changing market conditions. I am betting they wish they had it in place last year. So do I.
Anyway we'll see how the market reacts. Onward and upward.
Go Enbridge! ;-)"