Enbridge Declares Quarterly Dividends

Rhea-AI Summary

The Board of Directors of Enbridge has announced a quarterly dividend of $0.81 per common share, payable on September 1, 2020 to shareholders of record on August 14, 2020. This amount is consistent with the dividend declared on June 1, 2020. Additionally, the Board has declared dividends for various series of preferred shares, also payable on September 1, 2020. This announcement highlights Enbridge's commitment to returning value to shareholders while maintaining its financial stability in the energy infrastructure sector.

Positive

• Quarterly dividend of $0.81 per common share reinforces shareholder value.
• Consistency in dividend amount reflects stability and confidence.

Negative

• None.

CALGARY, AB, July 22, 2020 /PRNewswire/ - The Board of Directors of Enbridge Inc. (TSX: ENB) (NYSE: ENB) has declared a quarterly dividend of $0.81 per common share, payable on September 1, 2020 to shareholders of record on August 14, 2020. The amount of the dividend is consistent with the June 1, 2020 dividend.

The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on September 1, 2020 to shareholders of record on August 14, 2020.  All amounts shown are in Canadian dollars unless otherwise specified.

Common Shares	$0.81
Preference Shares, Series A	$0.34375
Preference Shares, Series B	$0.21340
Preference Shares, Series C	$0.16779
Preference Shares, Series D	$0.27875
Preference Shares, Series F	$0.29306
Preference Shares, Series H	$0.27350
Preference Shares, Series J	US$0.30540
Preference Shares, Series L	US$0.30993
Preference Shares, Series N	$0.31788
Preference Shares, Series P	$0.27369
Preference Shares, Series R	$0.25456
Preference Shares, Series 1	US$0.37182
Preference Shares, Series 3	$0.23356
Preference Shares, Series 5	US$0.33596
Preference Shares, Series 7	$0.27806
Preference Shares, Series 9	$0.25606
Preference Shares, Series 11	$0.24613
Preference Shares, Series 13	$0.19019
Preference Shares, Series 15	$0.27500
Preference Shares, Series 17	$0.321875
Preference Shares, Series 19	$0.30625

About Enbridge Inc.

Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which generates approximately 1,750 MW of net renewable power in North America and Europe. The Company's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Media
Jesse Semko
Toll Free: (888) 992-0997
Email: media@enbridge.com

Investment Community
Jonathan Morgan
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com

View original content:http://www.prnewswire.com/news-releases/enbridge-declares-quarterly-dividends-301097474.html

SOURCE Enbridge Inc.

FAQ

What is the dividend amount for Enbridge shares?

The dividend amount for Enbridge common shares is $0.81 per share.

When will the Enbridge dividend be paid?

The Enbridge dividend will be paid on September 1, 2020.

What is the record date for the Enbridge dividend?

The record date for the Enbridge dividend is August 14, 2020.

Are there dividends for Enbridge preferred shares?

Yes, Enbridge also declared dividends for several series of preferred shares, payable on September 1, 2020.

How often does Enbridge pay dividends?

Enbridge pays dividends quarterly.