Enbridge's Preference Shares, Series 3 Ex-Dividend Reminder

Enbridge Inc.'s Series 3 cumulative redeemable preference shares will trade ex-dividend on 5/15/26 for a quarterly dividend of $0.3305 per share, payable on 6/1/26. Based on the recent share price of $23.30, the dividend implies an annualized yield of roughly 5.7% for the preferred shares. The announcement is routine and should have minimal market impact.

Analysis

Enbridge Inc.'s Series 3 cumulative redeemable preference shares will trade ex-dividend on 5/15/26 for a quarterly dividend of $0.3305 per share, payable on 6/1/26. Based on the recent share price of $23.30, the dividend implies an annualized yield of roughly 5.7% for the preferred shares. The announcement is routine and should have minimal market impact.