Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 30

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 30
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 Preference Shares, Series 4 was decreased to $0.37110 from $0.42206 on December 1, 2024 due to reset on a quarterly basis following the date of issuance.

11The quarterly dividend per share paid on Preference Shares, Series 5 was increased to US$0.41769 from US$0.33596 on March 1, 2024 due to reset of the annual dividend on March 1, 2024.

12 The quarterly dividend per share paid on Preference Shares, Series 7 was increased to $0.37425 from $0.27806 on March 1, 2024 due to reset of the annual dividend on March 1, 2024.

13 The quarterly dividend per share paid on Preference Shares, Series 9 was increased to $0.35450 from $0.25606 on December 1, 2024 due to reset of the annual dividend on December 1, 2024.

DIVIDENDS

We have paid common share dividends in every year since we became a publicly traded company in 1953. In December 2024, we announced a 3.0% increase in our quarterly dividend to $0.9425 per common share, or $3.77 annualized, effective with the dividend payable on March 1, 2025, thereby declaring a dividend increase for 30 straight years.

For the years ended December 31, 2024 and 2023, total dividends paid in cash were $7.9 billion and $7.3 billion, respectively, and reflected in Cash Flows from Financing Activities in the Consolidated Statements of Cash Flows.

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On December 2, 2024, our Board of Directors declared the following quarterly dividends. All dividends are payable on March 1, 2025 to shareholders of record on February 14, 2025.

Dividend per shareCommon Shares1$0.94250 Preference Shares, Series A$0.34375 Preference Shares, Series B$0.32513 Preference Shares, Series D$0.33825 Preference Shares, Series F$0.34613 Preference Shares, Series G2$0.37911 Preference Shares, Series H$0.38200 Preference Shares, Series I3$0.35507 Preference Shares, Series LUS$0.36612 Preference Shares, Series N$0.41850 Preference Shares, Series P$0.369