Enbridge's Preference Series H Shares Cross 3.5% Yield Mark
In trading on Monday, shares of Enbridge Inc's Cumulative Redeemable Preference Shares, Series H (TSX: ENB-PRH.TO) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $1.094), with shares changing hands as low as $12.16 on the day. As of last close, ENB.PRH was trading at a 51.40% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.
The chart below shows the one year performance of ENB.PRH shares, versus ENB:
Below is a dividend history chart for ENB.PRH, showing historical dividend payments on Enbridge Inc's Cumulative Redeemable Preference Shares, Series H:
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