The major North American pipeline operators Kinder Morgan and Enbridge issued upbeat updates to the market on Tuesday, planning higher dividends and expecting more profits next year, after the challenges the oil industry has faced this year. Enbridge raised on Tuesday its quarterly dividend by 3 percent to US$0.65 (C$0.835), effective March 1, 2021. This is the twenty-sixth consecutive year in which the oil and gas pipeline operator has increased its common share dividend. "For the 26th consecutive year, we're pleased to be…
