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Stock impact report

Enbridge Inc. Announces Additional Quarterly Dividend Increase

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Company Research Source: Marketwire
CALGARY, 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 prevailing quarterly rate in 2016. The incremental dividend increase announced today is consistent with Enbridge's previously announced intention to consider an additional increase to its quarterly dividend once its acquisition of Spectra Energy Corp was completed. The acquisition closed on February 27, 2017. DIVIDEND DECLARATI Show less Read more
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