Insider Selling: Enbridge Inc (ENB) Insider Sells 3,019 Shares of Stock
Enbridge Inc (TSE:ENB) (NYSE:ENB) insider Bradley Francis Shamla sold 3,019 shares of Enbridge stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of C$50.00, for a total value of C$150,950.00.
Shares of Enbridge Inc (ENB) traded down C$0.24 during mid-day trading on Friday, reaching C$49.32. The company had a trading volume of 4,113,851 shares, compared to its average volume of 2,995,723. Enbridge Inc has a twelve month low of C$43.91 and a twelve month high of C$58.28.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Wednesday, November 29th will be paid a $0.671 dividend. This is a positive change from Enbridge’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $2.68 annualized dividend and a yield of 5.44%. Enbridge’s payout ratio is currently 119.03%.
ILLEGAL ACTIVITY NOTICE: This piece was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. and international copyright & trademark law. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/12/15/insider-selling-enbridge-inc-enb-insider-sells-3019-shares-of-stock.html.
Enbridge Company Profile
Enbridge Inc is a Canada-based energy transportation and distribution company. The Company is engaged in delivering energy. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. Liquids Pipelines consists of common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals, including Canadian Mainline, Lakehead Pipeline System, Mid-Continent and Gulf Coast and Regional Oil Sands System.
Receive News & Stock Ratings for Enbridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enbridge and related stocks with our FREE daily email newsletter.