Enbridge Inc. (ENB) to Issue Quarterly Dividend of $0.97 on March 1st

Enbridge Inc. (TSE:ENB) (NYSE:ENB) declared a quarterly dividend on Tuesday, February 17th, TickerTech Dividends reports. Shareholders of record on Sunday, March 1st will be given a dividend of 0.97 per share on Sunday, March 1st. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Tuesday, February 17th. This is a 2.9% increase from Enbridge’s previous quarterly dividend of $0.94.

Enbridge Stock Performance

Shares of Enbridge stock opened at C$73.30 on Friday. Enbridge has a 12 month low of C$56.51 and a 12 month high of C$73.71. The firm has a market capitalization of C$160.01 billion, a P/E ratio of 28.75, a P/E/G ratio of 1.72 and a beta of 0.95. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 144.86. The business has a fifty day simple moving average of C$65.87 and a two-hundred day simple moving average of C$66.46.

Enbridge (TSE:ENB) (NYSE:ENB) last issued its quarterly earnings results on Friday, February 13th. The company reported C$0.88 earnings per share (EPS) for the quarter. Enbridge had a net margin of 13.75% and a return on equity of 10.30%. The company had revenue of C$17.18 billion during the quarter. On average, equities analysts forecast that Enbridge will post 3.511912 earnings per share for the current fiscal year.

About Enbridge

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.