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Enbridge Income Fund Holdings Inc. Message Board

  • blackoutbuzz blackoutbuzz Nov 5, 2013 10:18 AM Flag

    Earnings / dividend hike

    Sounds good to me

    @@@@@Earnings for the third quarter ended September 30, 2013 totaled $21.5 million ($0.38 per common share); year-to-date earnings were $64.4 million ($1.16 per common share). The Fund's cash available for distribution (CAFD) increased 31% in the first nine months of 2013 compared to the prior year primarily as a result of contributions from a portfolio of crude oil storage assets and renewable power generation assets acquired in December 2012. Monthly dividend increased by 3%, to $0.1146 per common share effective with the dividend to be paid on December 16, 2013 to shareholders of record at the close of business on December 2, 2013.

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