Enbridge Inc. (NYSE:ENB) Plans Dividend Increase - $0.68 Per Share

Enbridge Inc. (NYSE:ENB) Plans Dividend Increase - $0.68 Per Share

Enbridge Inc. (NYSE:ENB) (TSE:ENB) announced a quarterly dividend on Friday, April 25th. Stockholders of record on Thursday, May 15th will be given a dividend of 0.679 per share by the pipeline company on Sunday, June 1st. This represents a $2.72 annualized dividend and a dividend yield of 5.88%. The ex-dividend date is Thursday, May 15th. This is a 1.3% increase from Enbridge's previous quarterly dividend of $0.67.