The Motley Fool Canada
4h ago
South Bow posts US$175 million in Q2 distributable cash flow, covering a roughly 5.8% dividend
South Bow generated US$175 million in second-quarter distributable cash flow and paid US$104 million in dividends, implying a payout ratio of about 59%. After stronger-than-expected first-half results, management raised its 2026 distributable cash flow guidance to roughly US$665 million. Based on the current dividend, that would translate to a full-year payout ratio of about 63%. The stock’s dividend yield is roughly 5.8%, with cash flow coverage described as ample.