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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | ENBSF | T.ENB.PF.C | ENBOF | T.ENB.PF.E | ENBFF | T.ENB.PF.G | T.ENB.PF.U | EBBNF | EBGEF | T.ENB.PF.V | ENBGF | T.ENB.PR.A | EBRGF | T.ENB.PR.B | EBRZF | T.ENB.PR.D | T.ENB.PR.F | ENBHF | T.ENB.PR.H | ENBRF | T.ENB.PR.J | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Bullboard Posts
Comment by born2tradeon Nov 02, 2020 10:01pm
274 Views
Post# 31827574

RE:RE:RE:RE:RE:RE:RE:slowly and steadily

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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Bullboard Posts