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Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,638,941,543
Close 2017-07-28 C$ 51.13
Market Cap C$ 83,799,081,094
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Enbridge units Westcoast, Union Gas declare dividends

2017-07-28 17:24 ET - News Release

Ms. Suzanne Wilton reports

WESTCOAST ENERGY AND UNION GAS DECLARE DIVIDENDS

Enbridge Inc.'s Westcoast Energy Inc. has declared the following quarterly dividends:

  1. 5.50-per-cent cumulative first preferred shares, Series 7: a dividend of 34.375 cents per share payable on Oct. 15, 2017, to shareholders of record at the close of business on Oct. 1, 2017;
  2. 5.60-per-cent cumulative first preferred shares, Series 8: a dividend of 35.000 cents per share payable on Oct. 15, 2017, to shareholders of record at the close of business on Oct. 1, 2017;
  3. Cumulative five-year minimum rate-reset redeemable first preferred shares, Series 10: a dividend of 32.8125 cents per share payable on Oct. 15, 2017, to shareholders of record at the close of business on Oct. 1, 2017;
  4. Cumulative five-year minimum rate-reset redeemable first preferred shares, Series 12: a dividend of 32.500 cents per share payable on Oct. 15, 2017, to shareholders of record at the close of business on Oct. 1, 2017.

Also on July 28, 2017, Union Gas Ltd. declared the following quarterly dividends:

  1. 5.50-per-cent cumulative redeemable Class A preference shares, Series A: a quarterly dividend of 69.00 cents per share payable on Sept. 30, 2017, to shareholders of record at the close of business on Sept. 8, 2017;
  2. 6.00-per-cent cumulative redeemable Class A preference shares, Series B: a quarterly dividend of 75.00 cents per share payable on Sept. 30, 2017, to shareholders of record at the close of business on Sept. 8, 2017;
  3. 5.00-per-cent cumulative redeemable Class A preference shares, Series C: a quarterly dividend of 62.50 cents per share payable on Sept. 30, 2017, to shareholders of record at the close of business on Sept. 8, 2017.

Westcoast Energy and Union Gas are indirect subsidiaries of Enbridge.

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 2.8 million barrels of crude oil each day through its Mainline and Express pipeline, and accounts for nearly 68 per cent of Canadian crude oil production bound for the United States, and moves approximately 20 per cent of all natural gas consumed in the United States, serving key supply basins and demand markets. The company's regulated utilities serve approximately 3.5 million retail customers in Ontario, Quebec, New Brunswick and New York. Enbridge also has a growing involvement in electricity infrastructure with interests in more than 2,500 megawatts of net renewable generating capacity and an expanding offshore wind portfolio in Europe.

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