Enbridge Inc (TSE:ENB) (NYSE:ENB) insider Bradley Francis Shamla sold 3,019 shares of Enbridge stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of C$50.00, for a total value of C$150,950.00.
Shares of Enbridge Inc (TSE:ENB) opened at C$49.89 on Monday. Enbridge Inc has a twelve month low of C$43.91 and a twelve month high of C$58.28.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Wednesday, November 29th will be issued a dividend of $0.671 per share. This is an increase from Enbridge’s previous quarterly dividend of $0.61. The ex-dividend date is Wednesday, February 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.38%. Enbridge’s payout ratio is 119.03%.
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Enbridge Inc is a Canada-based energy transportation and distribution company. The Company is engaged in delivering energy. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. Liquids Pipelines consists of common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals, including Canadian Mainline, Lakehead Pipeline System, Mid-Continent and Gulf Coast and Regional Oil Sands System.
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