8-K

ENBRIDGE INC 8-K Report (Nov 3, 2014)

Summary

This Form 6-K filing by Enbridge Inc. (ENB) primarily serves to announce the declaration of quarterly dividends. The key takeaway for investors is the confirmation of a consistent quarterly dividend of $0.35 per common share, payable on December 1, 2014, to shareholders of record on November 14, 2014. This continuity in dividend payments signals financial stability and a commitment to returning value to shareholders. The filing also details the quarterly dividend amounts for various series of Enbridge's preferred shares, with payments also scheduled for December 1, 2014, to shareholders of record on November 14, 2014. Notably, specific series of preferred shares are declared with accrued dividends from their issuance dates, with regular quarterly dividends to commence at a later date. Investors holding preferred shares should note these details to understand their specific dividend payments.

Key Highlights

  • 1Enbridge Inc. declared a quarterly common share dividend of $0.35 per share.
  • 2The dividend is payable on December 1, 2014.
  • 3Shareholders of record on November 14, 2014, will receive the common share dividend.
  • 4The declared common share dividend amount is consistent with the previous quarter's dividend.
  • 5Quarterly dividends were also declared for multiple series of preferred shares.
  • 6Preferred share dividends are also payable on December 1, 2014, to shareholders of record on November 14, 2014.
  • 7Specific preferred share series dividends include accrued amounts from their issuance dates, with regular rates to apply later.

Frequently Asked Questions

The primary purpose of this Form 6-K filing is to formally announce Enbridge Inc.'s declaration of its quarterly dividends for both common and preferred shares.

The quarterly dividend for common shares is $0.35 per share, payable on December 1, 2014, to shareholders who were recorded on November 14, 2014.

Yes, for certain series of preferred shares (Series 13 and Series 15), the declared dividend includes accrued dividends from their respective issuance dates. Their regular quarterly dividend rate will commence from March 1, 2015.

No, the common share dividend amount of $0.35 is stated to be consistent with the previous quarter's dividend, suggesting no immediate change in policy and a continuation of the established payout.