8-K

ENBRIDGE INC 8-K Report (Oct 28, 2011)

Summary

Enbridge Inc. (ENB) filed a Form 6-K on October 28, 2011, which included a press release announcing the declaration of quarterly dividends. The Board of Directors declared a quarterly dividend of $0.245 per common share, payable on December 1, 2011, to shareholders of record on November 15, 2011. Additionally, a quarterly dividend of $0.34375 per Series A Preferred Share was declared, with the same payment and record dates. The filing also provided details for a webcast conference call scheduled for November 9, 2011, to discuss the company's third quarter 2011 financial results.

Key Highlights

  • 1Enbridge Inc. declared a quarterly dividend of $0.245 per common share.
  • 2The dividend is payable on December 1, 2011.
  • 3Shareholders of record on November 15, 2011, will receive the common share dividend.
  • 4A quarterly dividend of $0.34375 per Series A Preferred Share was also declared.
  • 5The company will host a webcast to discuss its Q3 2011 financial results on November 9, 2011.
  • 6The webcast details, including dial-in numbers and passcodes, were provided.
  • 7The filing is a Form 6-K, indicating it's a report of a foreign issuer, and Enbridge files under Form 40-F for annual reports.

Frequently Asked Questions

The filing states that shareholders of record on November 15, 2011, will receive the dividend. Typically, the ex-dividend date is one business day before the record date. Therefore, investors purchasing shares on or after November 15, 2011, would likely not receive this dividend.

Enbridge Inc. announced that it would host a webcast conference call to discuss its 2011 third quarter financial results on Wednesday, November 9, 2011, at 7:00 a.m. Mountain Time / 9:00 a.m. Eastern Time.

This is a Form 6-K filing, which is a report of a foreign issuer. The primary information disclosed in this filing is the declaration of quarterly dividends for common and preferred shares and the announcement of the upcoming Q3 2011 earnings webcast.

While this 8-K filing contains dividend and webcast information, more detailed financial results would be expected in the webcast on November 9, 2011, and in their subsequent regular SEC filings, such as their Form 40-F annual report.