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04.05.2018 23:15:00
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Westcoast Energy and Union Gas Declare Dividends
CALGARY, May 4, 2018 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company), announced today that Westcoast Energy Inc. declared the following quarterly dividends:
A. | 5.50% CUMULATIVE FIRST PREFERRED SHARES, SERIES 7: A dividend of 34.375 cents per share payable on July 15, 2018 to shareholders of record at the close of business on July 1, 2018. |
B. | 5.60% CUMULATIVE FIRST PREFERRED SHARES, SERIES 8: A dividend of 35.000 cents per share payable on July 15, 2018 to shareholders of record at the close of business on July 1, 2018. |
C. | CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 10: A dividend of 32.8125 cents per share payable on July 15, 2018 to shareholders of record at the close of business on July 1, 2018. |
D. | CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 12: A dividend of 32.500 cents per share payable on July 15, 2018 to shareholders of record at the close of business on July 1, 2018. |
Also on May 4, 2018,Union Gas Limited declared the following quarterly dividends:
A. | 5.50% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES A: A quarterly dividend of 69.00 cents per share payable on June 29, 2018 to shareholders of record at the close of business on June 8, 2018. |
B. | 6.00% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES B: A quarterly dividend of 75.00 cents per share payable on June 29, 2018 to shareholders of record at the close of business on June 8, 2018. |
C. | 5.00% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES C: A quarterly dividend of 62.50 cents per share payable on June 29, 2018 to shareholders of record at the close of business on June 8, 2018. |
Westcoast Energy Inc. and Union Gas Limited are indirect subsidiaries of Enbridge Inc.
Enbridge Inc. (the Company) is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation. The Company safely delivers an average of 2.8 million barrels of crude oil each day through its Mainline and Express Pipeline; accounts for approximately 65% of U.S.-bound Canadian crude oil exports; and moves approximately 20% of all natural gas consumed in the U.S., serving key supply basins and demand markets. The Company's regulated utilities serve approximately 3.7 million retail customers in Ontario, Quebec, and New Brunswick. Enbridge also has interests in more than 2,500 MW of net renewable generating capacity in North America and Europe. The Company has ranked on the Global 100 Most Sustainable Corporations index for the past nine years; its common shares trade on the Toronto and New York stock exchanges under the symbol ENB.
Life takes energy and Enbridge exists to fuel people's quality of life. For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media | Investment Community |
Suzanne Wilton | Jonathan Gould |
(403) 231-7385 or Toll Free: (888) 992-0997 | (403) 231-3916 or Toll free: (800) 481-2804 |
Email: suzanne.wilton@enbridge.com |
SOURCE Enbridge Inc.
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