ENBRIDGE INC

Enbridge reported slightly lower adjusted EPS and modest EBITDA growth in Q2 while debt-to-EBITDA rose to about 6.3 due to project spending. Distributable cash flow increased 35.2% year over year to CA$2.9 billion and management expects annual DCF of CA$5.70–CA$6.10, supporting a 5.47% dividend yield and a 3% quarterly raise. The company is investing in pipelines, utility acquisitions and power connections for long-term revenue, so the author remains invested for income despite near-term leverage pressures. » More on finance.yahoo.com