On Tuesday, December 11, the Board of Directors of Enbridge Inc. announced a quarterly dividend increase of from CA$ 0.671 to CA$ 0.738 per share that’s payable March 1, 2019 to holders of record February 15, 2019. The declared dividend represents a 10 percent increase from the prior quarterly rate and the twenty-fourth consecutive year in which the Company has increased its common share dividend.
With current price CA$ 42.61 (Wednesday's open), this
raise brings their dividend yield to 6.93%.
Since I own 150 shares of ENB, this will increase my
portfolio's projected annual net dividend income by CA$ 29.95.
That increase rises my YOC to 5.83%.
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to see my portfolio holdings.
You can follow the development of my dividends here.
Full Disclosure: Long ENB
Thanks for stopping by!
nice hawk. congrats on the raise!
ReplyDeleteEnbridge is my largest holding so this really boosted my income.
cheers