Forbes -
11 Nov 2013 20:40

On 11/13/13, Enbridge Inc's Cumulative Redeemable Preference Shares, Series F (Toronto: ENB-PRF) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 12/1/13. As a percentage of ENB.PRF's recent share price of $24.64, this dividend works out to approximately 1.01%, so look for shares of ENB.PRF to trade 1.01% lower -- all else being equal -- when ENB.PRF shares open for trading on 11/13/13. On an annualized basis, the current yield is approximately 4.07%.
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