RE:RE:Three Percent Quarterly Dividend Increase for 20223% 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! ;-)
FiddyFiddyOddz wrote: 3 percent barely keeps up to the rate of inflation, but it's better than nothing I suppose.
Certainly a far cry from the 10 % hikes ENB was handing out just a couple of years ago. Ahhh, the good old days...