Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today its 2025 financial guidance and an annualized common share dividend increase from $3.66 to $3.77 per share, or 3.0%, effective March 1, 2025.
HIGHLIGHTS
(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. See the Non-GAAP and Other Financial Measures section of this news release)
Enbridge Inc.
- Announced 2025 adjusted earnings before interest, income taxes and depreciation (EBITDA)* guidance of $19.4 billion to $20.0 billion and distributable cash flow (DCF)* per share of $5.50 to $5.90
- Declared 30th consecutive annual common share dividend increase, raising it by 3.0% to $0.9425 per quarter ($3.77 annualized), effective March 1, 2025
- Reaffirmed 2024 full year guidance for EBITDA and DCF per share; the Company expects to finish the year near the top end of the EBITDA range of $17.7 billion to $18.3 billion, and around the midpoint for DCF per share
- The Company reaffirmed its 2023 to 2026 growth outlook of 7-9% for EBITDA* growth, 4-6% for adjusted earnings per share (EPS)* growth and approximately 3% for DCF per share* growth
