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    ENB   CA29250N1050

ENBRIDGE INC.

(ENB)
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Enbridge : Westcoast Energy Declares Dividend

07/23/2021 | 05:15pm EDT

CALGARY, AB, July 23, 2021 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company), announced today that Westcoast Energy Inc.declared the following quarterly dividend:

A. CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 12: A dividend of 32.500 cents per share payable on October 15, 2021 to shareholders of record at the close of business on October 1, 2021.

Westcoast Energy Inc. is an indirect subsidiary of Enbridge Inc.

Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which generates approximately 1,763 MW of net renewable power in North America and Europe. The Company's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Media
Toll Free: (888) 992-0997
Email: media@enbridge.com

Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com

SOURCE Enbridge Inc.

© Canada Newswire, source Canada Newswire English

Stocks mentioned in the article
ChangeLast1st jan.
ENBRIDGE INC. 1.02% 50.28 Delayed Quote.22.26%
WESTCOAST ENERGY INC. 0.00% 25.3 Delayed Quote.-0.59%
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Analyst Recommendations on ENBRIDGE INC.
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Financials
Sales 2021 44 644 M 34 826 M 34 826 M
Net income 2021 5 595 M 4 365 M 4 365 M
Net Debt 2021 72 077 M 56 226 M 56 226 M
P/E ratio 2021 17,8x
Yield 2021 6,64%
Capitalization 102 B 79 486 M 79 454 M
EV / Sales 2021 3,90x
EV / Sales 2022 3,68x
Nbr of Employees 11 200
Free-Float 86,4%
Chart ENBRIDGE INC.
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Enbridge Inc. Technical Analysis Chart | ENB | CA29250N1050 | MarketScreener
Technical analysis trends ENBRIDGE INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 50,28 CAD
Average target price 54,92 CAD
Spread / Average Target 9,22%
EPS Revisions
Managers and Directors
Albert Monaco President, CEO & Non-Independent Director
Colin K. Gruending Chief Financial Officer & Executive Vice President
Gregory Lorne Ebel Non-Executive Chairman
Bhushan Ivaturi Chief Information Officer & Senior Vice President
Tyler W. Robinson Chief Compliance Officer & VP-Enterprise Security
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