Enbridge (ENB) Raises its Quarterly Dividend by 2.9%

Core Viewpoint - Enbridge Inc. is recognized as a strong dividend payer, recently increasing its quarterly dividend by 2.9%, reflecting its commitment to returning value to shareholders and maintaining a robust annual dividend yield of 5.77% [2][3]. Financial Performance - Enbridge raised its quarterly dividend to C$0.97 per share, marking 31 consecutive years of dividend growth [3]. - The company forecasts a distributable cash flow of C$5.70 – C$6.10 per share for FY 2026, which is a 4% increase from the midpoint of its 2025 guidance [4]. - Enbridge expects to generate an adjusted core profit of C$20.2 billion – C$20.8 billion in 2026, compared to C$19.4 billion – C$20 billion for 2025 [4]. Growth Initiatives - The company plans to invest approximately CA$10 billion (approximately $7.2 billion) into growth capital projects in the upcoming year [4]. - Enbridge anticipates strong growth in 2026 driven by new projects and favorable regulatory outcomes in Gas Distribution and Gas Transmission [5].