Enbridge raising quarterly dividend, releases financial guidance for 2023

Enbridge Inc. is raising its quarterly dividend to shareholders. The pipeline company says it will now pay a quarterly dividend of 88.75 cents per share, up from 86 cents per share. Based on Enbridge's closing share price of $55.52 on Tuesday, the shares will have a dividend yield of about 6.4 per cent. The increased payment to shareholders came as Enbridge reaffirmed its full-year guidance for adjusted earnings before interest, income taxes and depreciation in the top half of its range of $15.0