Enbridge common shares have a Compound Annual Growth Rate (CAGR) of 10% over the past 29 years.
Click on image above to view larger graph
We have a consistent track record of delivering annual dividend increases, and our continuing goal is to deliver superior shareholder returns through capital appreciation and dividends.
Enbridge has paid dividends for over 69 years to its shareholders. In November 2023, we announced a 3.1% increase to our dividend per share, increasing the quarterly dividend to $0.9150. This translates into $3.66 dividend per share on an annualized basis for 2024. Over the past 29 years, the dividend has grown at an average compound annual growth rate of 10%.
Equally important, our dividend growth has not come at the expense of our financial strength as our dividend payout ratio is expected to remain within our target dividend payout ratio which is between 60 and 70% percent of DCF, providing a healthy balance between returning income to shareholders and retaining income for reinvestment in new growth opportunities.
Also see:
- 2024 Enbridge Day investment community presentation
- Q2 Financial Results and Business Update presentation
- Dividend Announcement
Common Share Dividend Information
Enbridge Inc.: ENB
Common Share Dividends
| Q4/23 | Q1/24 | Q2/24 | Q3/24 | Q4/24 | |
|---|---|---|---|---|---|
| Dividend | $0.88750 | $0.91500 | $0.91500 | $0.91500 | $0.91500 |
| Payment Date | Dec. 1 | March 1 | June 1 | Sept. 1 | Dec. 1 |
| Record Date(1) | Nov. 15 | Feb. 15 | May 15 | Aug. 15 | Nov. 15 |
- (1) Dividend Record Dates for Common Shares are generally Feb. 15, May 15, Aug. 15 and Nov. 15 in each year, unless the 15th falls on a Saturday or Sunday.
Dividend Tax Info
Tax treatment of dividends differ for shareholders depending on their country of residence.
Common Share Dividend Info
Quarterly Amount: $0.91500
Payment Date:Sept. 1, 2024
Record Date:Aug. 15, 2024
Preferred Shares and Hybrid Securities
Quarterly payment amounts for Enbridge’s Preferred Shares
Contact Investor Relations
Have a question for Enbridge's Investor Relations team?
