Enbridge announced an increase of the quarterly dividend from C$0,738 to C$0,81. This is an increase of 9,8%.
I own 100 shares Enbridge so the dividend release will increases my yearly estimated dividend income by C$28,80.
The current yield of Enbridg is a nice 6,39%. As a result of the announced dividend increase my yield on cost is now 9,35%.