Enbridge Inc. Announces 3% Quarterly Dividend Increase for 2026
Rhea-AI Summary
Enbridge (TSX: ENB, NYSE: ENB) announced a quarterly common share dividend of $0.9700, payable on March 1, 2026 to shareholders of record on February 17, 2026. The dividend represents a 3% increase from the prior quarterly rate and marks the 31st consecutive year the company has raised its common share dividend.
The Board also declared quarterly dividends for multiple preference share series, with amounts listed by series and some paid in US dollars.
Positive
- Dividend increase of 3% to $0.9700 per common share
- Payment date set for March 1, 2026 with Feb 17, 2026 record date
- 31st consecutive year of increasing the common share dividend
Negative
- Increase magnitude is 3%, a modest raise versus high-inflation benchmarks
News Market Reaction
On the day this news was published, ENB declined 0.75%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Before this dividend announcement, ENB was down 0.74% while key midstream peers like KMI and TRP were up (1.21% and 0.99%), and EPD and WMB were modestly positive. This divergence, along with no sector momentum flags, points to stock-specific factors rather than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 03 | Guidance and dividend | Positive | -0.8% | Issued 2026 guidance, 3% dividend raise, and growth outlook reaffirmation. |
| Dec 03 | Dividend increase | Positive | -0.8% | Announced 3% quarterly common dividend increase and preferred share dividends. |
| Nov 14 | Growth project FID | Positive | -0.8% | Final investment decision on Mainline Optimization Phase 1 expansion project. |
| Nov 07 | Earnings and guidance | Positive | +1.8% | Reported strong Q3 2025 results and reaffirmed full-year financial guidance. |
| Nov 05 | Dividend declaration | Positive | +0.4% | Declared steady quarterly common dividend and multiple preferred share payouts. |
Recent ENB news skews positive in tone, but price reactions have been mixed, with three of the last five upbeat items (including dividends and growth projects) seeing negative next-day moves, suggesting a tendency for occasional sell-offs or muted responses to good news.
Over the last several months, Enbridge has combined stable dividend actions with growth and financing updates. Multiple dividend declarations in 2025 maintained or modestly raised the common payout, while Q3 results on Nov 7 showed strong adjusted metrics and reaffirmed 2025 guidance. Strategic moves like the Mainline Optimization Phase 1 investment and detailed 2026 guidance, including a higher annual dividend, emphasized long-term growth and capital deployment. Today’s 3% dividend increase and broad preferred share declarations fit this pattern of emphasizing income stability and gradual growth.
Market Pulse Summary
This announcement highlighted Enbridge’s continued emphasis on shareholder income, with a quarterly common dividend of $0.9700 per share, a 3% increase, and the 31st consecutive year of dividend growth. The Board also detailed payouts across numerous preferred share series in both CAD and USD. In light of recent guidance, growth projects, and financing activity, investors may watch how future cash flow trends and capital deployment support this higher dividend level over time.
AI-generated analysis. Not financial advice.
DIVIDEND DECLARATION
On December 2, 2025, the Enbridge Board of Directors declared the following quarterly dividends. All dividends are payable on March 1, 2026 to shareholders of record on February 17, 2026.
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 and 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 more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including 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-announces-3-quarterly-dividend-increase-for-2026-302631176.html
SOURCE Enbridge Inc.
FAQ
What dividend did Enbridge (ENB) declare for Q1 2026?
When is the Enbridge (ENB) dividend payable and what is the record date?
How much did Enbridge (ENB) increase its dividend for 2026?
How many years has Enbridge (ENB) increased its common dividend consecutively?
Did Enbridge (ENB) declare dividends for preference shares for March 1, 2026?
