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

Enbridge Inc. (TSE:ENB) (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) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Friday, May 15th.

Enbridge Trading Up 0.1%

Shares of TSE:ENB traded up C$0.04 during midday trading on Wednesday, hitting C$75.23. 3,584,678 shares of the stock traded hands, compared to its average volume of 8,449,945. The stock has a market capitalization of C$164.18 billion, a PE ratio of 23.36, a P/E/G ratio of 1.72 and a beta of 0.87. The business’s 50 day moving average is C$73.85 and its two-hundred day moving average is C$69.29. The company has a quick ratio of 0.44, a current ratio of 0.81 and a debt-to-equity ratio of 168.58. Enbridge has a one year low of C$59.68 and a one year high of C$77.18.

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

Enbridge Company Profile

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.