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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 2024-09-01. Ex dividend date: 2024-08-15
Enbridge CUM RED PREF Series B annual dividend for 2024 was $0.98
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 13.9%
Enbridge CUM RED PREF Series B's payout ratio for the trailing twelve months (TTM) is 134.71%

Enbridge CUM RED PREF Series B Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-15$0.33quarterly2024-09-01
2024-05-14$0.33quarterly2024-06-01
2024-02-14$0.33quarterly
2023-11-14$0.33quarterly2023-12-01
2023-08-14$0.33quarterly2023-09-01
2023-05-12$0.33quarterly2023-06-01
2023-02-14$0.33quarterly2023-03-01
2022-11-14$0.33quarterly2022-12-01
2022-08-12$0.33quarterly2022-09-01
2022-05-12$0.21quarterly2022-06-01
2021-08-12$0.21quarterly2021-09-01
2021-05-13$0.21quarterly2021-06-01
2021-02-11$0.21quarterly2021-03-01
2020-11-12$0.21quarterly2020-12-01
2020-08-13$0.21quarterly2020-09-01
2020-05-14$0.21quarterly2020-06-01
2020-02-13$0.21quarterly2020-03-01
2019-11-14$0.21quarterly2019-12-01
2019-08-14$0.21quarterly2019-09-01
2019-05-14$0.21quarterly2019-06-01
2019-02-14$0.21quarterly2019-03-01

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 13.9%. 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

P/E ratio6.56
PEG ratio0.05
P/B ratio0.57
ROE9.14%
Payout ratio134.71%
Current ratio0.77
Quick ratio0.68
Cash Ratio0.23

Enbridge CUM RED PREF Series B Dividend FAQ

How much is the next Enbridge CUM RED PREF Series B dividend?
Enbridge CUM RED PREF Series B's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Enbridge CUM RED PREF Series B dividend. The next Enbridge CUM RED PREF Series B dividend will be released in February, May, August, or November.
When is Enbridge CUM RED PREF Series B dividend paid?
Enbridge CUM RED PREF Series B pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Enbridge CUM RED PREF Series B pay?
The specific amount of Enbridge CUM RED PREF Series B dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Enbridge CUM RED PREF Series B's dividend history.
Does Enbridge CUM RED PREF Series B stock pay dividends?
Yes, Enbridge CUM RED PREF Series B does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Enbridge CUM RED PREF Series B's dividend history.
How much dividend does Enbridge CUM RED PREF Series B pay?
Enbridge CUM RED PREF Series B paid $0.975 in 2024, $1.301 in 2023, $0.864 in 2022, $0.64 in 2021, and $0.854 in 2020.
How often does Enbridge CUM RED PREF Series B pay dividends?
Enbridge CUM RED PREF Series B typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Enbridge CUM RED PREF Series B's dividend yield?
The current dividend yield for Enbridge CUM RED PREF Series B is 13.9%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Enbridge CUM RED PREF Series B's exact dividend yield.
When does Enbridge CUM RED PREF Series B go ex dividend?
Enbridge CUM RED PREF Series B's ex-dividend date for the latest dividend was on 2024-08-15. Enbridge CUM RED PREF Series B typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Enbridge CUM RED PREF Series B dividend paid?
Enbridge CUM RED PREF Series B pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Enbridge CUM RED PREF Series B increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Enbridge CUM RED PREF Series B will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Enbridge CUM RED PREF Series B dividend per share?
Enbridge CUM RED PREF Series B paid $0.975 per share in 2024 and $1.301 per share in 2023. The amount of dividend per share that Enbridge CUM RED PREF Series B pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Enbridge CUM RED PREF Series B a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Enbridge CUM RED PREF Series B a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Enbridge CUM RED PREF Series B a dividend stock?
Yes, Enbridge CUM RED PREF Series B is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Enbridge CUM RED PREF Series B a good dividend stock?
Whether Enbridge CUM RED PREF Series B is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Enbridge CUM RED PREF Series B has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Enbridge CUM RED PREF Series B pay dividends monthly?
Enbridge CUM RED PREF Series B typically pays dividends on a quarterly basis.
Does Enbridge CUM RED PREF Series B pay dividends quarterly?
Enbridge CUM RED PREF Series B currently pays dividends on a quarterly basis.
Has Enbridge CUM RED PREF Series B ever paid a dividend?
Yes, Enbridge CUM RED PREF Series B has a history of paying dividends to its shareholders. Enbridge CUM RED PREF Series B is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Enbridge CUM RED PREF Series B dividend stocks?
To buy Enbridge CUM RED PREF Series B you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Enbridge CUM RED PREF Series B stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Enbridge CUM RED PREF Series B pay dividends 2024?
Enbridge CUM RED PREF Series B pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Enbridge CUM RED PREF Series B increase its dividend in 2024?
Decisions regarding Enbridge CUM RED PREF Series B dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Enbridge CUM RED PREF Series B dividend overview you can look into the above table of dividend history.
How Enbridge CUM RED PREF Series B dividend works?
The Enbridge CUM RED PREF Series B dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Enbridge CUM RED PREF Series B's dividend process works:

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.
How are Enbridge CUM RED PREF Series B dividends paid?
Enbridge CUM RED PREF Series B dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Enbridge CUM RED PREF Series B pay dividends?
Enbridge CUM RED PREF Series B typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Enbridge CUM RED PREF Series B pay dividends?
The general pattern is that Enbridge CUM RED PREF Series B pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Enbridge CUM RED PREF Series B dividend safe?
The safety of Enbridge CUM RED PREF Series B's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.