Enbridge Inc ( ENB ) will begin trading ex-dividend on May 14, 2018. A cash dividend payment of $0.522 per share is scheduled to be paid on June 01, 2018. Shareholders who purchased ENB prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -2.61% decrease from the prior dividend payment. At the current stock price of $33.12, the dividend yield is 6.3%.
The previous trading day's last sale of ENB was $33.12, representing a -21.72% decrease from the 52 week high of $42.31 and a 14.21% increase over the 52 week low of $29.
ENB is a part of the Energy sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and TransCanada Corporation ( TRP ). ENB's current earnings per share, an indicator of a company's profitability, is $1.24. Zacks Investment Research reports ENB's forecasted earnings growth in 2018 as 11.97%, compared to an industry average of 13.1%.
Interested in gaining exposure to ENB through an Exchange Traded Fund [ETF]?
The following ETF(s) have ENB as a top-10 holding:
- iShares Trust ( IGE )
- SPDR S&P Global Infrastructure ETF ( GII )
- FlexShares STOXX Global Broad Infrastructure Index Fund ( NFRA )
- ProShares DJ Brookfield Global Infrastructure ETF ( TOLZ ).
The top-performing ETF of this group is IGE with an increase of 9.97% over the last 100 days. It also has the highest percent weighting of ENB at 2.8%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.