8-K

ENBRIDGE INC 8-K Report (Oct 24, 2012)

Summary

This Form 6-K filing by Enbridge Inc. (ENB) on October 24, 2012, primarily serves to announce the company's quarterly dividend declarations. For common shareholders, the Board of Directors declared a quarterly dividend of $0.2825 per common share, consistent with the prior quarter's dividend, payable on December 1, 2012, to shareholders of record on November 15, 2012. The filing also details quarterly dividends for various series of Enbridge's preferred shares, with payments also scheduled for December 1, 2012. Notably, this report marks the first dividend declaration for Series N and Series P preferred shares, which were issued more recently in July and September 2012, respectively. Investors seeking income from their ENB holdings will find this information crucial for understanding expected payouts.

Key Highlights

  • 1Enbridge Inc. declared a quarterly common share dividend of $0.2825 per share.
  • 2The dividend payment date is December 1, 2012, with a record date of November 15, 2012.
  • 3The common share dividend amount is consistent with the previous quarter's dividend.
  • 4Quarterly dividends were also declared for multiple series of Enbridge's preferred shares.
  • 5This filing includes the first dividend declarations for Preferred Shares Series N and Series P.
  • 6The company's primary filing choice for this report is Form 40-F, indicating it's a report of a foreign issuer.
  • 7The press release is dated October 24, 2012, and the filing was also made on October 24, 2012.

Frequently Asked Questions

The quarterly dividend of $0.2825 per common share is payable on December 1, 2012.

Shareholders must be of record on November 15, 2012, to be eligible for the dividend payment.

No, the quarterly dividend amount of $0.2825 per common share is consistent with the dividend paid on September 1, 2012.

The first declared dividends for the new preferred shares are $0.3753 for Series N and $0.2164 for Series P. The regular quarterly dividend for both these series, effective March 1, 2013, will be $0.25 per share.