Looking at the provincial side of the equation. This translates into $3.34 dividend per share on an annualized basis for 2021. your password Investors are skeptical of the company's aggressive plan for 10% annual dividend growth throughout 2019 and 2020 and fear that Enbridge might be biting off more than it can chew, reminiscent of Kinder Morgan's 2015 dividend cut. During the past 5 years, the average Dividends Per Share Growth Rate was 15.20% per year. Enbridge has increased its dividend by roughly 13% a year over the past 10 years. CALGARY, ALBERTA–(Marketwired – Dec. 4, 2013) – Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced that its Board of Directors has declared a quarterly dividend of $0.350 per common share, payable on March 1, 2014 to shareholders of record on February 14, 2014. Company: ENBRIDGE INC (ENB) This page shows only data up to the final business day of 2019. Have a question for Enbridge's Investor Relations team? three Enbridge Inc.: ENB Enbridge (NYSE:ENB) 5-Year Dividend Growth Rate Explanation. The growth rate we use is the 5-Year EBITDA growth rate. Comparing the annual growth, income per share of 8.75% on average in last five years, to the S & P 500's, including only Businesses with the third quarter 2020 earnings, average yearly income per share growth is 35.75%. However, their dividend growth rates are notably different. Enbridge’s dividend has grown steadily in the 2010s. ENB is undergoing a remarkable growth, with recording better then regular growth, and also increasing rate, Rebecca Allen, an industry veteran added. Many mature companies seek to increase the dividends … Quarter 2020 above company average sequential Capital Expenditures growth of 1.97%, to $ 949.84 millions, from $ 931.46 millions in the first quarter. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. I hold a basket of Canadian dividend payers and US dividend payers. In December 2020, we announced a 3% increase to our dividend per share, increasing the quarterly dividend to $0.835. Here's why it remains a top pick for Canadian income investors. Enbridge stock has increased its dividend at an annual rate of 11% in the last 20 years. In December 2019, we announced a 9.8% increase to our dividend per share, increasing the quarterly dividend to $0.810. 2020 Enbridge Day investment community presentation, Q3 Financial Results & Business Update presentation. Enbridge Stock Price . * The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. During the past 10 years, the average Dividends Per Share Growth Rate was 15.50% per year. Save time by adding this page to your list of favorites. Below is a … Over the past 26 years, the dividend has grown at an average compound annual growth rate of 10%. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. The dividend reflects a 14 percent increase from the prior quarterly rate, marking the twenty-first consecutive year of increased dividends for the Company. Enbridge has a forward yield of 8%, and the company has increased dividend payments at an annual rate of 11% between 1995 and 2020. Cash flows declined during 2017, primarily due to the takeover of Spectra Energy, which increased Enbridge’s cash flows, but which was dilutive in the first year due to the high number of new shares being issued. The report also cited the strong quarterly dividend history at Enbridge Inc, and favorable long-term multi-year growth rates in key fundamental data points. Tax treatment of dividends differ for shareholders depending on their country of residence. 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