Enbridge Inc. Announces Three Percent Quarterly Dividend Increase for 2021

CALGARY, AB, Dec. 8, 2020 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.835 per common share, payable on March 1, 2021 to shareholders of record on February 12, 2021. The declared dividend represents a three percent increase from the prior quarterly rate and the twenty-sixth consecutive year in which the Company has increased its common share dividend.

DIVIDEND DECLARATION

On December 7, 2020, the Enbridge Board of Directors declared the following quarterly dividends.  All dividends are payable on March 1, 2021 to shareholders of record on February 12, 2021. 

About Enbridge Inc.

Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which generates approximately 1,750 MW of net renewable power in North America and Europe. The Company's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

MediaJesse SemkoToll Free: (888) 992-0997Email: [email protected]

Investment CommunityJonathan MorganToll Free: (800) 481-2804Email: [email protected]

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SOURCE Enbridge Inc.