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Westcoast Energy Declares Dividends

 July 29, 2019 - 5:15 PM EDT

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Westcoast Energy Declares Dividends



Westcoast Energy Declares Dividends

Canada NewsWire

CALGARY, July 29, 2019 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company), announced today that Westcoast Energy Inc. declared the following quarterly dividends:

A.

CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 10:  A dividend of 32.8125 cents per share payable on October 15, 2019 to shareholders of record at the close of business on October 1, 2019.

B.

CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 12:  A dividend of 32.500 cents per share payable on October 15, 2019 to shareholders of record at the close of business on October 1, 2019.

 

Westcoast Energy Inc. is an indirect subsidiary 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 in excess of 2.9 million barrels of crude oil each day through its Mainline and Express Pipeline; accounts for approximately 62% of U.S. bound Canadian crude oil exports; and moves approximately 18% 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 and New Brunswick. Enbridge also has interests in more than 1,600 MW of net renewable generating capacity in North America and Europe. The Company's 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: media@enbridge.com

Investment Community
Jonathan Morgan
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com

SOURCE Enbridge Inc.

View original content: http://www.newswire.ca/en/releases/archive/July2019/29/c6364.html

Copyright CNW Group 2019

Source: Canada Newswire
(July 29, 2019 - 5:15 PM EDT)

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