Enbridge's Profit Just Fell 7%. Here's Why That's Not the Real Story.

Enbridge's stock fell 7% after reporting a 36% year-over-year EPS decline due to heavy debt from infrastructure projects. However, the company's distributable cash flow grew 35.2% YoY, supported by a 5.41% dividend yield and 31 consecutive years of dividend increases. With CA$41 billion in secured capital backlog and strategic partnerships with Meta, Enbridge maintains strong long-term growth prospects despite near-term leverage concerns.