Enbridge Inc. Announces 10 Percent Quarterly Dividend Increase for 2019

CALGARY, Dec. 11, 2018 /CNW/ - Enbridge Inc. (TSX, NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.73800 per common share, payable on March 1, 2019 to shareholders of record on February 15, 2019.  The declared dividend represents a 10 percent increase from the prior quarterly rate and the twenty-fourth consecutive year in which the Company has increased its common share dividend.

DIVIDEND DECLARATION

On December 10, 2018, the Enbridge Board of Directors declared the following quarterly dividends.  All dividends are payable on March 1, 2019 to shareholders of record on February 15, 2019. 

 

About Enbridge Inc.
Enbridge is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation. The Company safely delivers an average of 2.9 million barrels of crude oil each day through its Mainline and Express Pipeline; accounts for approximately 62% of U.S.-bound Canadian crude oil exports; and moves approximately 22% of all natural gas consumed in the U.S., serving key supply basins and demand markets. The Company's regulated utilities serve approximately 3.7 million retail customers in Ontario, Quebec, and New Brunswick. Enbridge also has interests in more than 1,700 MW of net renewable generating capacity in North America and Europe. The Company has ranked on the Global 100 Most Sustainable Corporations index for the past nine years; its common shares trade on the Toronto and New York stock exchanges under the symbol ENB.

Life takes energy and Enbridge exists to fuel people's quality of life. For more information, visit www.enbridge.com.

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SOURCE Enbridge Inc.