Enbridge (ENB) Raises Quarterly Dividend 4.6% to $0.61; 6% Yield
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Enbridge Inc. Announces Additional Quarterly Dividend Increase
May 4, 2017 5:15 PM EDTCALGARY, ALBERTA -- (Marketwired) -- 05/04/17 -- Enbridge Inc. (TSX: ENB)(NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly common share dividend of $0.61 per share, payable on June 1, 2017 to shareholders of record on May 15, 2017. The declared dividend represents an increase of approximately 5 percent. The Company most recently had increased its quarterly dividend by 10 percent (from $0.53 per share to $ 0.583 per share) effective with the dividend paid on March 1, 2017. This incremental increase, together with the increase effected in March, represents a 15 percent increase over the... More
