Investing
Add as a preferred source on GoogleInvestors recorded on Nov. 13 qualify for the distribution; that is also the shares’ ex-dividend date.
Enbridge Inc. will pay $0.3462 per Series F preferred share on Dec. 1, setting the next quarterly distribution date for investors in the company’s preferred stock.
Enbridge announced the dividend Nov. 4. The shares trade as ENB.PR.F:CA. Investors recorded on Nov. 13 qualify for the payment, and that is also the shares’ ex-dividend date.
Shareholders recorded Nov. 2 are due to receive the common payment Nov. 16; preferred distributions are set for Nov. 15.
The average realized price rose 32% as production fell 2% after portfolio changes; the company also raised its quarterly dividend 11%.
The quarterly payout is payable Dec. 31 to shareholders of record Dec. 10. Management will decide whether and when to use the expanded repurchase authority.
