Enbridge Inc. to Issue Quarterly Dividend of $0.97 (TSE:ENB)

Enbridge Inc. (TSE:ENBGet Free Report) (NYSE:ENB) declared a quarterly dividend on Friday, May 15th, TickerTech Dividends reports. Stockholders of record on Monday, June 1st will be paid a dividend of 0.97 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Friday, May 15th.

Enbridge Trading Up 0.4%

Shares of TSE:ENB traded up C$0.29 during midday trading on Wednesday, reaching C$75.48. The company’s stock had a trading volume of 3,878,011 shares, compared to its average volume of 8,452,651. The firm has a market capitalization of C$164.72 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 1.72 and a beta of 0.87. The company has a debt-to-equity ratio of 168.58, a quick ratio of 0.44 and a current ratio of 0.81. The firm has a 50 day moving average price of C$73.85 and a two-hundred day moving average price of C$69.29. Enbridge has a fifty-two week low of C$59.68 and a fifty-two week high of C$77.18.

Enbridge (TSE:ENBGet Free Report) (NYSE:ENB) last announced its quarterly earnings data on Friday, May 8th. The company reported C$0.98 earnings per share (EPS) for the quarter. The company had revenue of C$22.36 billion for the quarter. Enbridge had a return on equity of 11.41% and a net margin of 9.73%. As a group, analysts forecast that Enbridge will post 3.511912 earnings per share for the current year.

About Enbridge

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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.

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Dividend History for Enbridge (TSE:ENB)

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