Dividends and Common Shares
Enbridge common shares have a Compound Annual Growth Rate (CAGR) of 10% over the last 27 years.
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Enbridge has paid dividends for over 67 years to its shareholders. In December 2021, we announced a 3% increase to our dividend per share, increasing the quarterly dividend to $0.860. This translates into $3.44 dividend per share on an annualized basis for 2022. Over the past 27 years, the dividend has grown at an average compound annual growth rate of 10%.
Equally important, our dividend growth has not come at the expense of our financial strength as our dividend payout ratio is expected to remain within our target dividend payout ratio which is between 60 - 70% percent of DCF, providing a healthy balance between returning income to shareholders and retaining income for reinvestment in new growth opportunities.
- 2021 Enbridge Day investment community presentation
- Q3 Financial Results & Business Update presentation
- Dividend Announcement
Common Share Dividend Information
Enbridge Inc.: ENB
Common Share Dividends
|Payment Date||Dec. 1||Mar. 1||Jun. 1||Sept. 1||Dec. 1|
|Record Date(1)||Nov. 15||Feb. 15||May 13||Aug. 15||Nov. 15|
- (1) Dividend Record Dates for Common Shares are generally February 15, May 15, August 15 and November 15 in each year, unless the 15th falls on a Saturday or Sunday.
Dividend Tax Info
Tax treatment of dividends differ for shareholders depending on their country of residence.