Westcoast Energy and Union Gas Declare Dividends
Westcoast Energy and Union Gas Declare Dividends
Canada NewsWire
CALGARY, July 27, 2018
CALGARY, July 27, 2018 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company), announced today that Westcoast Energy Inc. declared the following quarterly dividends:
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A. |
5.50% CUMULATIVE FIRST PREFERRED SHARES, SERIES 7: A dividend of 34.375 cents per share payable on October 15, 2018 to shareholders of record at the close of business on October 1, 2018. |
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B. |
5.60% CUMULATIVE FIRST PREFERRED SHARES, SERIES 8: A dividend of 35.000 cents per share payable on October 15, 2018 to shareholders of record at the close of business on October 1, 2018. |
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C. |
CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 10: A dividend of 32.8125 cents per share payable on October 15, 2018 to shareholders of record at the close of business on October 1, 2018. |
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D. |
CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 12: A dividend of 32.500 cents per share payable on October 15, 2018 to shareholders of record at the close of business on October 1, 2018. |
Also on July 27, 2018, Union Gas Limited declared the following quarterly dividends:
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A. |
5.50% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES A: A quarterly dividend of 69.00 cents per share payable on September 30, 2018 to shareholders of record at the close of business on September 7, 2018. |
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B. |
6.00% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES B: A quarterly dividend of 75.00 cents per share payable on September 30, 2018 to shareholders of record at the close of business on September 7, 2018. |
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C. |
5.00% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES C: A quarterly dividend of 62.50 cents per share payable on September 30, 2018 to shareholders of record at the close of business on September 7, 2018. |
Westcoast Energy Inc. and Union Gas Limited are indirect subsidiaries of Enbridge Inc.
Enbridge Inc. is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation. The Company safely delivers an average of 2.8 million barrels of crude oil each day through its Mainline and Express Pipeline, and accounts for nearly 65% of U.S.- bound Canadian crude oil production, and moves approximately 20% of all natural gas consumed in the U.S. serving key supply basins and demand markets. The Company's regulated utilities serve approximately 3.7 million retail customers in Ontario, Quebec, New Brunswick and New York State. Enbridge also has a growing involvement in electricity infrastructure with interests in more than 2,500 MW of net renewable generating capacity, and an expanding offshore wind portfolio in Europe. The Company has ranked on the Global 100 Most Sustainable Corporations index for the past nine years; its common shares trade on the Toronto and New York stock exchanges under the symbol ENB.
Life takes energy and Enbridge exists to fuel people's quality of life. For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Jesse Semko
Toll Free: (888) 992-0997
Email: [email protected]
Investment Community
Jonathan Gould
Toll free: (800) 481-2804
Email: [email protected]
SOURCE Enbridge Inc.
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