In this section of the page, you will find all the information you need to understand how Enbridge (ENB) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.

Upcoming Enbridge dividend
Change(%)
0.00%
No change
Next payment 0.8875$
Next payment date Dec 1, 2023
Last payment 0.8875$
Last payment date Sep 1, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 11/14/23
Confirmed

Enbridge will distribute 0,8875 dollars per share in the form of a dividend on December 1, 2023.

The November 14, 2023 is the ex-dividend date. So if you wish to receive Enbridge dividends, you must buy one day before this date.

Enbridge distributed 0.8875 dollars per share in the form of a dividend on September 1, 2023.

Enbridge Inc., listed on the New York Stock Exchange under the initials ENB, has been paying dividends to its shareholders for more than forty years without interruption.

Enbridge's Board of Directors is in charge of calculating the value of the benefit to be delivered, which is approved by the Shareholders' Meeting, which informs the date and amount to be deposited.

The company has been paying them quarterly in four installments, regularly on the first day of March, June, September and December of each year, with an annual return of approximately 7.30% and a price-earnings ratio of 40.67.

Payout Ratio Enbridge Dividends

Enbridge paid 23% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Enbridge's earnings (45,774,999,552.00$) are sufficient to cover the dividend payment. This payment represents 23% of the total net profit of ENB.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

 Payout Ratio

Dividend calendar of Enbridge

This is the Dividend Calendar of Enbridge in 2023.

Event Day
Last trading date November 13, 2023
Ex-Dividend (Ex-Date) November 14, 2023
Record date November 15, 2023
Date of payment December 1, 2023
Dividends schedule Enbridge
Data confirmed by the company Enbridge (ENB).
Confirmed
Estimation Policy

This data has been verified by Enbridge's General Shareholders' Meeting.

 Source

Historical annual dividend yields of Enbridge

Over the past 5 years, Enbridge has not consistently increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

 Dividend yield

Dividend yield of Enbridge vs. the sector

Enbridge's dividend yield (7.65%) is above the sector average (3.66%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.
Enbridge's dividend yield is among the top 25% (4.73%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Enbridge

In the last 5 years, Enbridge's annual dividend amount has not fallen more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Enbridge

In this table you can see the dividend history of Enbridge:

YearEx-DividendAmountTotal
2023
11/14/2023
08/14/2023
05/12/2023
02/14/2023
0.643 $
0.66 $
0.658 $
0.666 $
2.627 $
2022
11/14/2022
08/12/2022
05/12/2022
02/14/2022
0.649 $
0.674 $
0.662 $
0.675 $
2.66 $
2021
11/12/2021
08/12/2021
05/13/2021
02/11/2021
0.664 $
0.668 $
0.688 $
0.657 $
2.677 $
2020
11/12/2020
08/13/2020
05/14/2020
02/13/2020
0.62 $
0.611 $
0.574 $
0.611 $
2.416 $
2019
11/14/2019
08/14/2019
02/14/2019
0.557 $
0.558 $
0.557 $
1.672 $
2018
11/14/2018
05/14/2018
02/14/2018
0.051 $
0.524 $
0.533 $
1.108 $
2017
11/14/2017
08/11/2017
05/11/2017
02/13/2017
0.479 $
0.479 $
0.447 $
0.446 $
1.851 $
2016
11/10/2016
08/11/2016
05/12/2016
02/11/2016
0.395 $
0.406 $
0.412 $
0.381 $
1.594 $
2015
11/12/2015
08/12/2015
05/13/2015
02/11/2015
0.351 $
0.355 $
0.387 $
0.4 $
1.493 $
2014
11/12/2014
08/13/2014
05/13/2014
02/12/2014
0.309 $
0.32 $
0.321 $
0.318 $
1.268 $
2013
11/13/2013
08/13/2013
05/13/2013
02/13/2013
0.3 $
0.306 $
0.312 $
0.318 $
1.236 $
2012
11/13/2012
08/13/2012
05/11/2012
02/13/2012
0.282 $
0.284 $
0.283 $
0.282 $
1.131 $
2011
11/10/2011
08/11/2011
05/11/2011
02/11/2011
0.24 $
0.249 $
0.2555 $
0.2455 $
0.99 $
2010
11/10/2010
08/11/2010
05/12/2010
02/10/2010
0.2125 $
0.2055 $
0.2075 $
0.1985 $
0.824 $
2009
11/12/2009
08/13/2009
05/13/2009
02/11/2009
0.177 $
0.1675 $
0.159 $
0.1475 $
0.651 $
2008
11/12/2008
08/13/2008
05/13/2008
02/13/2008
0.141 $
0.154 $
0.1645 $
0.165 $
0.6245 $
2007
11/13/2007
08/13/2007
05/11/2007
02/13/2007
0.163 $
0.146 $
0.139 $
0.131 $
0.579 $
2006
11/13/2006
08/11/2006
05/11/2006
02/13/2006
0.128 $
0.1275 $
0.13 $
0.1255 $
0.511 $
2005
11/10/2005
08/11/2005
05/12/2005
02/11/2005
0.1215 $
0.125 $
0.125 $
0.1 $
0.4715 $
2004
11/10/2004
08/12/2004
05/13/2004
02/11/2004
0.1145 $
0.1145 $
0.1145 $
0.1145 $
0.458 $
2003
11/12/2003
08/13/2003
05/19/2003
02/12/2003
0.079 $
0.10375 $
0.10375 $
0.10375 $
0.39025 $
2002
11/18/2002
08/07/2002
05/15/2002
02/11/2002
0.095 $
0.095 $
0.095 $
0.095 $
0.38 $
2001
11/20/2001
08/08/2001
05/16/2001
02/07/2001
0.0875 $
0.0875 $
0.0875 $
0.0875 $
0.35 $
2000
11/15/2000
08/09/2000
05/10/2000
02/09/2000
0.08075 $
0.08075 $
0.08075 $
0.07575 $
0.318 $
1999
11/17/1999
08/11/1999
05/12/1999
02/10/1999
0.07575 $
0.07575 $
0.0755 $
0.071875 $
0.298875 $
1998
11/17/1998
08/12/1998
05/13/1998
02/11/1998
0.071875 $
0.071875 $
0.068125 $
0.068125 $
0.28 $
1997
11/19/1997
08/20/1997
05/14/1997
02/12/1997
0.068125 $
0.068125 $
0.064375 $
0.064375 $
0.265 $
1996
11/13/1996
08/16/1996
05/13/1996
02/14/1996
0.064375 $
0.064375 $
0.0625 $
0.0625 $
0.25375 $
1995
11/17/1995
08/11/1995
05/22/1995
02/07/1995
0.0625 $
0.0625 $
0.0625 $
0.0625 $
0.25 $
1994
11/08/1994
08/15/1994
05/11/1994
02/07/1994
0.0625 $
0.0625 $
0.0625 $
0.0625 $
0.25 $
1993
11/08/1993
08/10/1993
05/11/1993
02/08/1993
0.0625 $
0.0625 $
0.0625 $
0.0625 $
0.25 $
1992
11/06/1992
08/11/1992
05/11/1992
02/10/1992
01/09/1992
0.0625 $
0.0625 $
0.0625 $
0.0625 $
0.0625 $
0.3125 $
1991
11/08/1991
08/12/1991
05/09/1991
0.0625 $
0.0625 $
0.0625 $
0.1875 $
1990
08/09/1990
0.038063 $
0.038063 $
Dividend history of Enbridge

Enbridge dividend capture strategy

Step 1: Buy Enbridge shares (ENB) one day before ex-dividend date
Date of purchase Nov 13, 2023
Next ex-dividend date Nov 14, 2023
Step 2: Sell Enbridge shares (ENB) when the price recovers.
Date of sale (estimated) Nov 23, 2023
Average price recovery 9 days
Average return on cost 2.18%
The dividend capture strategy is based on historical Enbridge data. Past performance is no guarantee of future results.

Information about Enbridge

Full name Enbridge Inc.
Ticker ENB
Sector Energy
Industry Oil & Gas Midstream
Market Capitalization 74.59B $
ISIN N/A
Number of Employees 11,100
Address 200, Fifth Avenue Place, 425 - 1st Street S.W., Calgary, AB, T2P 3L8, Canada
Phone 403 231 3900
Website https://www.enbridge.com
Description of the company

Enbridge Inc. is an energy supply company engaged in the distribution and transportation of crude oil through pipelines, as well as natural gas pipelines and renewable energy projects.

It was founded in Canada in 1949 under the name "Interprovincial Pipeline" (IPL) when one of the largest oilfields in Leduc, Alberta, was found and the first pipeline was built to transport crude oil from the refineries in the west to the east of the country, changing its name to Enbridge in 1989 with the merger of the names Energy and Bridge.

Its headquarters are located in Calgary, Alberta, it has facilities in both Canada and the United States, owns "Enbridges Pipelines Inc." as well as other subsidiaries, covers approximately 13 thousand kilometers of pipeline distributing close to 300 thousand cubic meters, in Spain it owns shares in Compañía Logística de Hidrocarburos (CLH) as well as shares in PDVSA, a Venezuelan oil company.

It was included in the "Thomson Reuters" list in 2018 as part of the one hundred world leaders in energy, as well as in the "Bloomberg Gender Equality Index", has more than 12 thousand employees between Canada and the United States, paying more than 830 million dollars in total salaries.

Frequently asked questions about Enbridge dividends

Enbridge pays dividends on a Quarterly basis.

Enbridge is listed on the New York Stock Exchange and is part of the Nyse.

Enbridge has the Ticker or stock code ENB.

Enbridge belongs to the Energy sector and the Oil & Gas Midstream industry.

The CEO of Enbridge in 2023 is Mr. Gregory Lorne Ebel.

At this moment, the value of a Enbridge share is 35.09$.

Enbridge does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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