Enbridge (ENB) Raises Quarterly Dividend 10% to C$0.583

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Enbridge Announces 10 Percent Quarterly Dividend Increase

January 5, 2017 5:15 PM EST

CALGARY, ALBERTA -- (Marketwired) -- 01/05/17 -- Enbridge Inc. (TSX: ENB)(NYSE: ENB) ("Enbridge" or the "Company") announced today that its Board of Directors has declared a quarterly dividend of $0.583 per common share, payable on March 1, 2017 to shareholders of record on February 15, 2017. The declared dividend represents a 10 percent increase from the prior quarterly rate and the twenty-second consecutive year in which the Company has increased its common share dividend.

"The dividend increase reflects the strength of our base business, together with the impact of $2-billion in growth capital projects... More