Dividends and Securities Info

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 64 years to its shareholders. In November 2017, we announced a 10% increase to our dividend per share, increasing the quarterly dividend to $0.671. This translates into $2.684 dividend per share on an annualized basis for 2018. Over the past 20 years, the dividend has grown at an average compound annual growth rate of 11.7%.

20 Year Dividend Growth

Equally important, our dividend growth has not come at the expense of our financial strength as Adjusted Cash Flow from Operations (‘ACFFO’) coverage of our dividend remained very strong in 2016, at approximately two times. Furthermore, we expect that our highly transparent growth outlook will translate into annual dividend growth of 10% through 2020 based on the strength of our $22-billion commercially secured growth capital program in execution.


Enbridge’s target dividend payout is below 65 percent of ACFFO, providing a healthy balance between returning income to shareholders and retaining income for reinvestment in new growth opportunities.

Common Share Dividend Information

Enbridge Inc.: ENB
Common Share Dividends

Q1/17 Q2/17 Q3/17 Q4/17 Q1/18
Dividend $0.583 $0.61 $0.61 $0.61 $0.671
Payment Date Mar. 1 Jun. 1 Sep. 1 Dec. 1 Mar. 1
Record Date(1) Feb. 15 May 15 Aug. 15 Nov. 15 Feb. 15
SPP Deadline(2) Feb. 22 May 25 Aug. 25 Nov. 24 Feb. 22
DRIP Enrolment(3) Feb. 8 May 8 Aug. 8 Nov. 8 Feb. 8
  • (1) Dividend Record Dates for Common Shares are generally February 15, May 15, August 15 and November 15 in each year, unless the 15th falls on a Saturday or Sunday.
  • (2) The Share Purchase Plan Cut-off Date is five business days prior to the Dividend Payment Date.
  • (3) The Dividend Reinvestment Program Enrolment Cut-off Date is five business days prior to the Dividend Record Date.