Wednesday, Enbridge Inc. (ENB,ENB.TO) said its fourth-quarter earnings applicable to common shareholders increased to C$300 million or C$0.80 per share from C$264 million or C$0.71 per share in the prior year period.
Adjusted earnings for the quarter rose to C$239 million or C$0.64 per common share from C$202 million or C$0.55 per common share in the year-ago period.
Revenues for the quarter declined to C$3.18 billion from C$3.92 billion in the comparable period.
For fiscal 2010, adjusted earnings per share are expected to be in a range of C$2.50 - C$2.70.
The company also announced a quarterly dividend increase of 15% to C$0.425 per common share effective March 1, 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.