Hi I am writing this in great spirits. Today while at my day job Enbridge’s board of directors decided to give me and all of my fellow shareholders an early Christmas present. Today December 10th Enbridge announced that they would be increasing the dividend 9.8% which will begin with the dividend payment next March.
So beginning in March the quarterly payment will increase to $0.81 per share up from $0.738. I currently hold 263 shares and with this news my quarterly income increases by $18.94 and annually by $75.76.
If you own shares of Enbridge then a big congratulations to you.