Reported 3 months 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