Posted AT 1:19 PM EST on 03/12/08
Enbridge raises outlook, boosts dividend
CALGARY — Pipeline operator Enbridge Inc. said Wednesday that 2009 earnings will be higher than the company previously anticipated and the company is bumping up its quarterly dividend by 12 per cent.
The Calgary-based company is now estimating its earnings next year will be between $2.18 and $2.32 a share. Enbridge is also increasing its quarterly dividend to 37 cents per share from 33 cents.
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