Enbridge Inc. Announced 3% Quarterly Dividend Increase for 2025
Rhea-AI Summary
Enbridge (ENB) has announced a 3% increase in its quarterly dividend, raising it to $0.9425 per common share. The dividend is payable on March 1, 2025, to shareholders of record on February 14, 2025. This marks the thirtieth consecutive year of dividend increases for the company. The announcement includes dividend declarations for multiple series of preference shares, all payable on the same date.
AI-generated analysis. Not financial advice.
Positive
- 30-year track record of consecutive dividend increases demonstrates financial stability
- 3% dividend increase shows continued commitment to shareholder returns
- Consistent dividend payment schedule provides predictable income for investors
Negative
- Relatively modest 3% dividend growth rate may not keep pace with inflation
News Market Reaction – ENB
On the day this news was published, ENB gained 0.30%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DIVIDEND DECLARATION
On December 2, 2024, the Enbridge Board of Directors declared the following quarterly dividends. All dividends are payable on March 1, 2025 to shareholders of record on February 14, 2025.
Common Shares | |
Preference Shares, Series A | |
Preference Shares, Series B | |
Preference Shares, Series D | |
Preference Shares, Series F | |
Preference Shares, Series G | |
Preference Shares, Series H | |
Preference Shares, Series I | |
Preference Shares, Series L | |
Preference Shares, Series N | |
Preference Shares, Series P | |
Preference Shares, Series R | |
Preference Shares, Series 1 | |
Preference Shares, Series 3 | |
Preference Shares, Series 4 | |
Preference Shares, Series 5 | |
Preference Shares, Series 7 | |
Preference Shares, Series 9 | |
Preference Shares, Series 11 | |
Preference Shares, Series 13 | |
Preference Shares, Series 15 | |
Preference Shares, Series 19 |
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. 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
FOR FURTHER INFORMATION PLEASE CONTACT:
Media | Investment Community |
Toll Free: (888) 992-0997 | Toll Free: (800) 481-2804 |
Email: media@enbridge.com |
View original content:https://www.prnewswire.com/news-releases/enbridge-inc-announced-3-quarterly-dividend-increase-for-2025-302320117.html
SOURCE Enbridge Inc.