RE:RE:RE:Three Percent Quarterly Dividend Increase for 2022I guess you did not join the webcast. They have no interest in increasing the div 10% in the future, it's already high enough.
Monaco is a great CEO. It was a great presentation, I would have bought more if I could have funds available. He puts the shareholders at ease for sure.
He said they are not happy with the s/p and that the 3% div increase + share repurchase program will bring max appreciation for 2022. They will initiate the repurchase program when sp is at underpriced, bulk repurchase to be expected at the end of 2022. That's the plan for 2022.
Also, they are always interested in both selling and buying assetts for the
right price.
stocktalk wrote: 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...
Enb, just keeps on giving, money making machine !!
We are all happy with 3 % in are economic times.