Enbridge Inc. (TSE:ENB – Get Free Report) (NYSE:ENB) Senior Officer Matthew Allan Akman purchased 1,000 shares of the stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average price of C$61.24 per share, for a total transaction of C$61,240.00.
Enbridge Price Performance
ENB traded up C$0.53 during midday trading on Monday, hitting C$62.05. The company had a trading volume of 968,462 shares, compared to its average volume of 9,804,244. The company has a debt-to-equity ratio of 144.86, a quick ratio of 0.44 and a current ratio of 0.62. The company has a market capitalization of C$134.48 billion, a PE ratio of 20.17, a P/E/G ratio of 1.72 and a beta of 0.90. Enbridge Inc. has a twelve month low of C$45.39 and a twelve month high of C$65.62. The firm’s 50-day simple moving average is C$62.36 and its 200-day simple moving average is C$59.31.
Enbridge Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Saturday, March 1st were given a $0.9425 dividend. This represents a $3.77 annualized dividend and a yield of 6.08%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Enbridge’s previous quarterly dividend of $0.92. Enbridge’s dividend payout ratio (DPR) is presently 118.98%.
Analyst Ratings Changes
View Our Latest Research Report on Enbridge
Enbridge Company Profile
Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada’s largest natural gas distribution company.
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