RE:RE:RE:RE:RE:RE:RE:slowly and steadilyFiddy - it looks like you were being sarcastic . For others who just read the headline - company doesn't pay the cash dividend from the revenue but from the cash it generates from operating activities. ENB generated DCF of $1.21 per share in Q2,2020 and paid $0.81 to its shareholders . This brings the payout ration of 0.81/1.21 = 67% . plenty of room for dividend hike considering pandemic was in full play in Q2 and ENB has projects coming online in next year or so those will be accretive to cash flow. will it increase the dividend ? anyone 's guess . My view is nominal increase 5% may be on the cards because it has been growing its dividend for last few decades and it is part of the guidance. but there is no guarantee. current yield of 9% is great anyway:)
FreeAtFiddy wrote: Which brings me back to my original question : How the hell can they even consider raising the dividend next year with revenue off by 40 % ?
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