Tuesday, December 10, 2019

Dividend Increase – Enbridge Inc. (TSX:ENB, NYSE:ENB)



Today the Board of Directors of Enbridge Inc. announced a quarterly dividend increase from CA$ 0.738 to CA$ 0.81 per share that’s payable March 1, 2020 to holders of record February 14, 2020. This represents a 9.76% increase to the last quarter dividend. 

With current price CA$ 51.50 (today's open), this raise brings their dividend yield to 6.29 %.

Since I own 150 shares of ENB, this will increase my portfolio's projected annual net dividend income by CA$ 32.18.

This increase raises my YOC to 6.40%.


Summary of 2019 Dividend Increases / Cuts

No.
Ticker
Increase %
Net Increase
Net Increase
No.
Ticker
Increase %
Net Increase
Net Increase



$



$
1
TSX:CU
7.48%
8.14
9.93
2
O
2.04%
3.00
3.42
3
OKE
0.58%
0.65
0.75
4
WEC
6.79%
1.47
1.68
5
KMB
3.00%
1.02
1.16
6
INTC
5.00%
15.81
17.88
7
 TELIA1
2.61% 
13.00 
14.82 
8
NCC
-50.00%
-86.22
-98.61
9
CVX
6.25%
10.90
12.52
10
UPM
13.04%
122.93
140.95
11
GILD
10.53%
5.47
6.26
12
ADM
4.48%
3.33
3.80
13
MMM
5.88%
1.25
1.43
14
BIP
6.91%
0,77
0,87
15
NESTE
34.12%
172.84
196.45
16
ORNBV
3.45%
11.17
12.70
17
KESKOB
6.36%
10.43
11.85
18
SAMPO
9.62%
28.86
32.77
19
TSX:BCE
4.97%
7.79
8.84
20
TEL2
10.00%
6.42
7.24
21
TROW
8.57%
8.72
9.83
22
SKT
1.43%
1.98
2.24
23
CSCO
6.06%
9.76
11.03
24
PEP
2.96%
7.25
8.19
25
KO
2,56%
3.94
4.47
26
KHC
-36.00%
-59.14
-67.05
27
DLR
6.93%
22.08
25.03
28
MGA
10.61%
4.60
5.22
29
TSX:RY
4.08%
9.60
10.89
30
TSX:BNS
2.35%
6.16
7.02
31
ETN
7.58%
3.93
4.47
32
MAIN
2.56%
3.93
4.47
33
TSX:CM
2.94%
1.19
1.36
34
TSX:TD
10.45%
25.07
28.51
35
O
0.22%
0.34
0.38
36
WPC
0.19%
0.37
0.42
37
WSM
11.63%
5.87
6.71
38
KMI
25.00%
26.38
29.80
39
UNA:AS
5.99%
5.53
6.21
40
OKE
0.58%
0.66
0.75
41
LAZ
6.82%
8.01
8.94
42
JNJ
5.56%
8.03
8.94
43
MAIN
2.50%
1.73
1.94
44
BAX
15.79%
4.80
5.36
45
CAH
1.01%
0.73
0.82
46
TSX:T
3.21%
6.21
6.96
47
AQN
9.98%
17.04
19.07
48
FLO
5.56%
4.96
5.51
49
O
0.22%
0.34
0.38
50
TGT
3.13%
6.08
6.85
51
DUK
1.89%
1.63
1.83
52
WBA
3.98%
2.32
2.61
53
OKE
2.89%
3.34
3.73
54
NTR
4.65%
2.94
3.28
55
ITW
7.00%
3.75
4.17
56
TSX:RY
2.94%
7.27
8.06
57
TSX:CM
2.86%
2.35
2.60
58
MO
5.00%
18.82
20.86
59
TSX:BNS
3.45%
9.43
10.47
60
TSX:FTS
6.11%
7.89
8.71
61
PM
2.63%
6.91
7.60
62
WPC
0.19%
0.38
0.42
63
O
0.22%
0.34
0.38
64
MCD
7.76%
4.86
5.36
65
TSX:EMA
4.26%
6.68
7.31
66
COP
37.70%
9.37
10.28
67
OHI
1.52%
5.00
5.51
68
OKE
2.81%
3.35
3.73
69
VFC
11.63%
11.40
12.67
70
ABBV
10.28%
23.48
26.22
71
EMR
2.04%
1.61
1.79
72
WRK
2.20%
1.89
2.09
73
TSX:T
3.56%
7.36
8.14
74
TSX:ENB
9.76%
21.95
24.31

TOTAL






€649.46
$733.54

Increases have been reported by deducting a 25.5% capital income tax.




Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long ENB

Thanks for stopping by!

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