Enbridge owns extensive midstream assets that transport hydrocarbons across the US and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada’s largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
Enbridge CUM RED PREF Series B Dividend Announcement
• Enbridge CUM RED PREF Series B announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-15
• Enbridge CUM RED PREF Series B annual dividend for 2024 was $1.30
• Enbridge CUM RED PREF Series B annual dividend for 2023 was $1.30
• Enbridge CUM RED PREF Series B's trailing twelve-month (TTM) dividend yield is 14.57%
• Enbridge CUM RED PREF Series B's payout ratio for the trailing twelve months (TTM) is 122.28%
• Enbridge CUM RED PREF Series B's dividend growth over the last five years (2018-2023) was 14.48% year
Enbridge CUM RED PREF Series B Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.33 | quarterly | 2024-12-01 |
2024-08-15 | $0.33 | quarterly | 2024-09-01 |
2024-05-14 | $0.33 | quarterly | 2024-06-01 |
2024-02-14 | $0.33 | quarterly | 2024-03-01 |
2023-11-14 | $0.33 | quarterly | 2023-12-01 |
2023-08-14 | $0.33 | quarterly | 2023-09-01 |
2023-05-12 | $0.33 | quarterly | 2023-06-01 |
2023-02-14 | $0.33 | quarterly | 2023-03-01 |
2022-11-14 | $0.33 | quarterly | 2022-12-01 |
2022-08-12 | $0.33 | quarterly | 2022-09-01 |
2022-05-12 | $0.21 | quarterly | 2022-06-01 |
2022-02-14 | $0.17 | quarterly | 2022-03-01 |
2021-11-12 | $0.17 | quarterly | 2021-12-01 |
2021-08-12 | $0.21 | quarterly | 2021-09-01 |
2021-05-13 | $0.21 | quarterly | 2021-06-01 |
2021-02-11 | $0.21 | quarterly | 2021-03-01 |
2020-11-12 | $0.21 | quarterly | 2020-12-01 |
2020-08-13 | $0.21 | quarterly | 2020-09-01 |
2020-05-14 | $0.21 | quarterly | 2020-06-01 |
2020-02-13 | $0.21 | quarterly | 2020-03-01 |
2019-11-14 | $0.21 | quarterly | 2019-12-01 |
2019-08-14 | $0.21 | quarterly | 2019-09-01 |
2019-05-14 | $0.21 | quarterly | 2019-06-01 |
2019-02-14 | $0.21 | quarterly | 2019-03-01 |
2018-11-14 | $0.16 | quarterly | 2018-12-01 |
2018-08-14 | $0.16 | quarterly | 2018-09-01 |
2018-05-14 | $0.17 | quarterly | 2018-06-01 |
2018-02-14 | $0.17 | quarterly | 2018-03-01 |
2017-11-14 | $0.17 | quarterly | 2017-12-01 |
2017-08-11 | $0.17 | quarterly | 2017-09-01 |
2017-05-11 | $0.18 | quarterly | 2017-06-01 |
2017-02-13 | $0.19 | quarterly | 2017-03-01 |
Enbridge CUM RED PREF Series B Dividend per year
Enbridge CUM RED PREF Series B Dividend growth
Enbridge CUM RED PREF Series B Dividend Yield
Enbridge CUM RED PREF Series B current trailing twelve-month (TTM) dividend yield is 14.57%. Interested in purchasing Enbridge CUM RED PREF Series B stock? Use our calculator to estimate your expected dividend yield:
Enbridge CUM RED PREF Series B Financial Ratios
Enbridge CUM RED PREF Series B Dividend FAQ
Other factors to consider when evaluating Enbridge CUM RED PREF Series B as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Enbridge CUM RED PREF Series B's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Enbridge CUM RED PREF Series B publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Enbridge CUM RED PREF Series B distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Enbridge CUM RED PREF Series B are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Enbridge CUM RED PREF Series B sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Enbridge CUM RED PREF Series B distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Enbridge CUM RED PREF Series B declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Enbridge CUM RED PREF Series B's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Enbridge CUM RED PREF Series B's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.