Enbridge Achieves 19th Consecutive Year of Meeting Financial Targets

Reported 4 days ago

Enbridge, a Canadian energy infrastructure company, has successfully met its annual financial guidance for the 19th consecutive year, demonstrating remarkable stability despite various challenges. Last year, it grew its EBITDA by 13% and distributable cash flow by 6%, largely due to strategic acquisitions and expansion projects. With a promising outlook, Enbridge plans to continue increasing its 6%-yielding dividend, bolstered by ongoing investments and a strong pipeline of new projects.

Source: YAHOO

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