Enbridge Inc (NYSE:ENB) Declares Dividend Increase - C$0.97 Per Share

Enbridge Inc (NYSE:ENB - Get Free Report) TSE: ENB declared a quarterly dividend on Tuesday, December 2nd. Investors of record on Tuesday, February 17th will be paid a dividend of 0.97 per share by the pipeline company on Sunday, March 1st. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Tuesday, February 17th. This is a 2.9% increase from Enbridge's previous quarterly dividend of $0.94.

• Is Energy Transfer Undervalued or a Value Trap?

Enbridge has decreased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 2 years. Enbridge has a payout ratio of 118.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Enbridge to earn $2.18 per share next year, which means the company may not be able to cover its $2.69 annual dividend with an expected future payout ratio of 123.4%.

Enbridge Trading Down 0.8%

NYSE:ENB traded down $0.39 during trading hours on Wednesday, hitting $47.73. The company had a trading volume of 4,861,785 shares, compared to its average volume of 3,939,905. Enbridge has a 1 year low of $39.73 and a 1 year high of $50.54. The company has a market cap of $104.10 billion, a P/E ratio of 26.22 and a beta of 0.68. The company has a 50-day moving average of $48.08 and a 200 day moving average of $47.03. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 1.64.

• 3 Top-Performing Non-Leveraged ETFs From 2024 and Into 2025

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last posted its quarterly earnings results on Friday, November 7th. The pipeline company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.06). Enbridge had a return on equity of 10.51% and a net margin of 9.20%.The company had revenue of $7 billion for the quarter, compared to analysts' expectations of $8.45 billion. During the same quarter in the prior year, the firm earned $0.55 EPS. Sell-side analysts expect that Enbridge will post 2.14 earnings per share for the current year.

About Enbridge

Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.

Read More

• Five stocks we like better than Enbridge
• Transportation Stocks Investing
• Beyond NVIDIA: 5 Semiconductor Stocks Set to Dominate 2026
• High Dividend REITs: Are They an Ideal Way to Diversify?
• 3 Stocks You’ll Wish You Bought Before 2026
• 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
• Wall Street Punished CrowdStrike for Beating Earnings? Seriously?

• 3 Best Dividend Stocks to Buy as Interest Rates Fall

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Enbridge Right Now?

Before you consider Enbridge, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enbridge wasn't on the list.

While Enbridge currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here