Enbridge Inc. (ENB,ENB.TO) said that it expects adjusted operating earnings of C$2.50 to C$2.70 per share for fiscal 2010, the midpoint of which represents about a 12% increase over 2009. Analysts polled by Thomson Reuters expect the company to report earnings of US$2.53 per share for the year. Analysts' estimates typically exclude special items.
Patrick Daniel, president and chief executive officer, Enbridge, said, "The anticipated increase in Enbridge's 2010 adjusted earnings remains in line with our longer term guidance of 10% average earnings per share growth in to the middle of the next decade."
In addition, the company said that its board has declared a quarterly dividend of C$0.425 per share payable on March 1, 2010 to shareholders of record on February 15, 2010. The dividend reflects a 15% increase from the company's prior quarterly rate of C$0.37 per share.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.