Enbridge Inc. (TSE:ENB – Get Free Report) (NYSE:ENB) Director Steven Walter Williams bought 18,600 shares of Enbridge stock in a transaction dated Tuesday, August 13th. The stock was purchased at an average price of C$53.74 per share, for a total transaction of C$999,564.00.
Enbridge Stock Down 2.3 %
Enbridge stock opened at C$52.96 on Friday. The firm has a market capitalization of C$112.80 billion, a P/E ratio of 20.06, a P/E/G ratio of 0.75 and a beta of 0.88. The stock’s fifty day simple moving average is C$49.95 and its 200-day simple moving average is C$48.87. Enbridge Inc. has a twelve month low of C$42.75 and a twelve month high of C$54.49. The company has a current ratio of 0.68, a quick ratio of 0.44 and a debt-to-equity ratio of 130.31.
Enbridge Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Sunday, September 1st. Shareholders of record on Thursday, August 15th will be paid a $0.915 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.66 annualized dividend and a yield of 6.91%. Enbridge’s dividend payout ratio is currently 138.64%.
Wall Street Analyst Weigh In
Read Our Latest Analysis on ENB
About Enbridge
Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.
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