00:41:38 EDT Sat 20 Apr 2024
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
Recent Sedar Documents

Enbridge Energy to pay 35-cent distribution Aug. 14

2017-07-28 17:27 ET - News Release

Mr. Michael Barnes reports

ENBRIDGE ENERGY PARTNERS, L.P. DECLARES DISTRIBUTION FOR SECOND QUARTER 2017

Enbridge Inc.'s Enbridge Energy Partners LP has declared a quarterly cash distribution of 35 cents per unit, or $1.40 per unit on an annualized basis, on all of the partnership's outstanding units for the quarter ended June 30, 2017. The approved distribution remains unchanged from the previous quarter. The distribution is payable on Aug. 14, 2017, to unitholders of record at the close of business on Aug. 7, 2017.

Enbridge Energy Management LLC distribution

Enbridge Energy Management has declared a distribution of 35 cents per share payable on Aug. 14, 2017, to shareholders of record on Aug. 7, 2017. The distribution will be paid in the form of additional shares of Enbridge Management valued at the average closing price of the shares for the 10 trading days prior to the ex dividend date on Aug. 3, 2017. Enbridge Management's sole asset is its approximate 19-per-cent limited partner interest in EEP. Enbridge Management's results of operations, financial condition and cash flows depend on the results of operations, financial condition and cash flows of EEP.

Tax notification

This release serves as qualified notice to nominees as provided for under treasury regulation sections 1.1446-4(b)(4) and (d). Please note that 100 per cent of Enbridge Energy Partners' distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or business. Accordingly, all of Enbridge Energy Partners' distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not Enbridge Energy Partners, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

About Enbridge Energy Partners LP

Enbridge Energy Partners owns and operates a diversified portfolio of crude oil transportation systems in the United States. Its principal crude oil system is the largest pipeline transporter of growing oil production from Western Canada and the North Dakota Bakken formation.

About Enbridge Energy Management LLC

Enbridge Energy Management manages the business and affairs of the partnership, and its sole asset is an approximate 19-per-cent limited partner interest in the partnership. Enbridge Energy Company Inc., an indirect wholly owned subsidiary of Enbridge Inc. of Calgary, Alta., Canada, is the general partner of the partnership and holds an approximate 35-per-cent interest in the partnership. Enbridge Management is the delegate of the general partner of the partnership.

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