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Stock impact report

Enbridge Completes Strategic Plan and Financial Outlook; Announces Dividend Increase of 10% for 2018 and Confirms Growth Through 2020

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Company Research Source: Marketwire
CALGARY, ALBERTA -- (Marketwired) -- 11/29/17 -- Enbridge Inc. (Enbridge or the Company) (TSX:ENB)(NYSE:ENB) today announced the finalization of its strategic plan and outlook (the Plan) following the merger with Spectra Energy, which closed on February 27, 2017. The Plan includes a three-year financial outlook covering 2018 - 2020. The following summarizes the key elements of the Plan, which will be further discussed at the Company's investor conferences on December 12th and 13th, in New York and Toronto, respectively. Highlights Strong business outlook through the three-year planning horizon; resulting in a three-year compound annual ACFFO/share and dividend growth of 10% through 2020; dividend increase of 10% for 2018 Plan based on a remaining capital program of $22 billion through 2020 Rationalizing the asset mix to a pure regulated pipeline and utility business model emphasizing low risk and strong growth in three core busi Show less Read more
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