RE:RE:enb reports strong 2021 results & provide strategic prioritiThey already said they are not increasing the dividend more than 3% per year. We are looking at more buybacks and hopefully some debt reduction.
ckwong wrote: The following catches my eyes:
Distributable cash flow (DCF)* of $10.0 billion or $4.96 per common share*, compared with $9.4 billion or $4.67 per common share* in 2020
Would this means they can raise the dividend by 7.25 cents rather than 3 cents? On top of this, L3 revenue will added more to the 7.25 distributatble increase in 2021.