Enbridge Declares Quarterly Dividends

Rhea-AI Summary

Enbridge Inc. (ENB) announced a quarterly dividend of $0.860 per common share, payable on December 1, 2022, to shareholders of record as of November 15, 2022. This dividend remains unchanged from the previous declaration in September 2022. The company also declared dividends for various series of its preferred shares, all payable on the same date. This consistent dividend strategy reflects Enbridge's commitment to returning value to shareholders while maintaining financial stability.

Positive

• Dividend of $0.860 per common share reinforces company stability.
• Consistent dividend payments demonstrate confidence in cash flow.

Negative

• None.

CALGARY, AB, Nov. 2, 2022 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.860 per common share, payable on December 1, 2022 to shareholders of record on November 15, 2022.  The amount of the dividend is consistent with the September 1, 2022 dividend. 

The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on December 1, 2022 to shareholders of record on November 15, 2022.  All amounts shown are in Canadian dollars unless otherwise specified.

Common Shares	$0.860
Preference Shares, Series A	$0.34375
Preference Shares, Series B	$0.32513
Preference Shares, Series D	$0.27875
Preference Shares, Series F	$0.29306
Preference Shares, Series H	$0.27350
Preference Shares, Series L	US$0.36612
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	$0.18644
Preference Shares, Series 19	$0.30625

About Enbridge Inc.

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil or renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on two decades of experience in renewable energy to advance new technologies including wind and solar power, hydrogen, renewable natural gas and carbon capture and storage. We're committed to reducing the carbon footprint of the energy we deliver, and to achieving net zero greenhouse gas emissions by 2050. Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at enbridge.com

View original content:https://www.prnewswire.com/news-releases/enbridge-declares-quarterly-dividends-301666898.html

SOURCE Enbridge Inc.

FAQ

What is the dividend amount declared by Enbridge for common shares?

Enbridge declared a quarterly dividend of $0.860 per common share.

When will Enbridge's dividend be paid?

The dividend will be paid on December 1, 2022.

What is the record date for the Enbridge dividend?

The record date for the dividend is November 15, 2022.

Have there been any changes in Enbridge's dividend amount recently?

No, the current dividend amount is consistent with the previous declaration in September 2022.

What other dividends did Enbridge declare?

Enbridge also declared dividends for several series of preferred shares, all payable on December 1, 2022.