Enbridge Expands with $700 Million Project to Enhance Dividend Growth

Reported 1 day ago

Enbridge has announced a $700 million expansion project to support BP's Kaskida development, further boosting its growth outlook as the Canadian pipeline and utility company aims to maintain its impressive 6.5% dividend yield. The project, alongside its robust backlog of $17.7 billion in secured capital, positions Enbridge for continued stability and potential increases in dividend payouts through at least 2029.

Source: YAHOO

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