enbridge inc on friday reported a rise in fourthquarter profit missing expectations on an adjusted basis but said that it has increased its quarterly dividend by 3 the canadian natural gas distribution provider said earnings per share were 91 canadian cents the equivalent of 72 us cents up from c088 in the comparable quarter a year ago adjusted earnings were c068 a share according to factset analysts were expecting c075 a share in the period distributable cash flow in the quarter rose to c249 billion from c221 billion the company increased its quarterly dividend by 3 to c086 a share looking ahead the company reiterates its guidance for 2022 with adjusted earnings before interest taxes depreciation and amortization of between c15 billion and c156 billion and distributable cash flow per share between c520 to c550 the company reported adjusted ebitda of c14 billion and distributable cash flow of c496 a share in 2021 enbridge said growth in the year is expected to be driven by higher mainline volumes contributions from projects put into service in 2021 but said that it expects these to be offset by continued weakness in energy services