Enbridge Inc. Increases Quarterly Dividend by 3%
Enbridge Inc. (TSX: ENB) has made a significant announcement regarding its quarterly dividend. The company declared a quarterly dividend of $0.9425 per common share, signaling a 3% increase from previous rates. This notable hike reflects Enbridge's commitment to shareholder value and marks the thirtieth consecutive year of dividend increases.
Dividend Details and Payments
The dividend is scheduled for payment on March 1, 2025, to shareholders recorded as of February 14, 2025. This timely announcement showcases how Enbridge aims to maintain a steady return to its investors, ensuring their loyalty and confidence in the company's future prospects.
Comprehensive Dividend Breakdown
In addition to the regular common shares dividend, Enbridge also declared dividends for its preference shares on the same date. Below is the summary of the declared preferences:
- Preference Shares, Series A: $0.34375
- Preference Shares, Series B: $0.32513
- Preference Shares, Series D: $0.33825
- Preference Shares, Series F: $0.34613
- Preference Shares, Series G: $0.37911
- Preference Shares, Series H: $0.38200
- Preference Shares, Series I: $0.35507
- Preference Shares, Series L: US$0.36612
- Preference Shares, Series N: $0.41850
- Preference Shares, Series P: $0.36988
- Preference Shares, Series R: $0.39463
- Preference Shares, Series 1: US$0.41898
- Preference Shares, Series 3: $0.33050
- Preference Shares, Series 4: $0.37110
- Preference Shares, Series 5: US$0.41769
- Preference Shares, Series 7: $0.37425
- Preference Shares, Series 9: $0.35450
- Preference Shares, Series 11: $0.24613
- Preference Shares, Series 13: $0.19019
- Preference Shares, Series 15: $0.18644
- Preference Shares, Series 19: $0.38825
About Enbridge Inc.
Enbridge Inc. plays a crucial role in connecting millions of people to the energy they require for their daily lives. The company operates an extensive network throughout North America that manages natural gas, oil, and renewable power. With a strong focus on sustainability, Enbridge is investing substantially in modern energy infrastructure to secure affordable energy access for all. They are also expanding their foothold in renewable energy technologies like wind and solar power, hydrogen, and carbon capture.
Longevity of Responsible Growth
With over two decades of experience in renewable energy, Enbridge leads innovatively by developing new technology to advance its renewable energy ambitions. Enbridge is committed to ensuring a greener future, focusing on transitioning towards more sustainable energy sources.
Contact Information
Enbridge provides multiple avenues for further inquiries:
- Media Inquiries: Toll Free: (888) 992-0997
- Investment Community: Toll Free: (800) 481-2804
Frequently Asked Questions
What is the newly declared dividend amount for Enbridge Inc.?
Enbridge Inc. has declared a quarterly dividend of $0.9425 per common share.
When will the dividend be paid out?
The dividend will be paid on March 1, 2025, to shareholders on record as of February 14, 2025.
How long has Enbridge been increasing its dividend?
Enbridge has increased its dividend for thirty consecutive years, demonstrating its commitment to returning value to shareholders.
What types of shares does Enbridge offer dividends for?
Enbridge offers dividends for both common shares and various series of preference shares.
How can I learn more about Enbridge's financial performance?
Interested parties can contact Enbridge through their media or investment channels for more information on their financial performance.
