Enbridge (ENB) Raises Quarterly Dividend 14% to $0.53; 6% Yield

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Go back to Enbridge (ENB) Raises Quarterly Dividend 14% to $0.53; 6% Yield

Enbridge Announces 14 Percent Quarterly Dividend Increase in 2016

December 3, 2015 7:01 AM EST

CALGARY, ALBERTA -- (Marketwired) -- 12/03/15 -- Enbridge Inc. ("Enbridge" or "the Company") (TSX: ENB) (NYSE: ENB) today announced that its Board of Directors has declared a quarterly dividend of $0.53 per common share, payable on March 1, 2016 to shareholders of record on February 16, 2016. The dividend reflects a 14 percent increase from the prior quarterly rate, marking the twenty-first consecutive year of increased dividends for the Company.

"The core of our shareholder value proposition is our reliable business model, which continues to deliver strong and predictable results and dividend growth," said Al Monaco,... More