Enbridge Inc T.ENB

Alternate Symbol(s): ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | ENBMF | T.ENB.PR.P | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Energy Oil & Gas Midstream

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.

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Enbridge Inc > Surprise dividend increase?

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Comment by ckwongon Jul 05, 2021 8:23am

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Post# 33491953

RE:RE:Surprise dividend increase?

ENB Dividend Increase, Yield and Share Price in C$

The above chart may help to explain the observations from Marner and Fantome.

Most of the time, the dividend increase is about 10%. It can be as healthy as 35% (2015) or as minimal as 3% (this year).
The dividend raise is very regular. Two exception could be found. Once in 1999, a second dividend increased in August after May. And another one in May 2017 after February which was the result of acquiring Spectra.
An increase in dividend along with the Q2 financial report in August 2021 will be a nice surprise.
The yield has been around 3% (1997 – 2014) that is less than banks.
Since 2015, the yield gets higher. ENB is at a sweet spot for yield seeker. Better than banks and about as secure.
The ESG movement has driven down the share price but no impact to the money making.
Earnings per share is on an uptrend since 2008. Only a dip in 2017 (could be the dilution when acquired Spectra). Slide 26 of the Investment Community Presentation 2021.
Once the ESG transformation and Line 3 & 5 are complete, the uncertainty dark cloud will be evaporated and the share price may resume to the historic uptrend.