2020 OutlookI put a short video together with highlights from Enbridge recent investor day and outlook for 2020. Deleveraging is complete (down to 4.6x debt/EBITDA from 6x) which should remove a headwind for equity investors. 10% dividend increase puts current payout ratio at ~72%, above 65% long term target, so I would expect next year's increase to be more modest.
Link to full video below at Ostrich investing youtube channel.
https://youtu.be/WOhTcSi5jxg