Enbridge Inc (TSE:ENB) (NYSE:ENB) insider Vernon Dai-Chung Yu sold 9,700 shares of Enbridge stock in a transaction dated Monday, December 18th. The shares were sold at an average price of C$50.20, for a total value of C$486,940.00.

Vernon Dai-Chung Yu also recently made the following trade(s):

  • On Monday, October 2nd, Vernon Dai-Chung Yu sold 13,179 shares of Enbridge stock. The shares were sold at an average price of C$52.07, for a total value of C$686,230.53.

Enbridge Inc (TSE ENB) traded up C$0.41 on Tuesday, reaching C$50.30. The company had a trading volume of 2,867,203 shares, compared to its average volume of 3,028,782. Enbridge Inc has a 12-month low of C$43.91 and a 12-month high of C$58.28.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Wednesday, November 29th will be issued a $0.671 dividend. This is a positive change from Enbridge’s previous quarterly dividend of $0.61. This represents a $2.68 annualized dividend and a yield of 5.34%. The ex-dividend date is Wednesday, February 14th. Enbridge’s payout ratio is 119.03%.

Several equities research analysts recently weighed in on ENB shares. CIBC reduced their target price on Enbridge from C$71.00 to C$69.00 in a report on Tuesday, October 17th. TD Securities reduced their target price on Enbridge from C$64.00 to C$62.00 and set a “buy” rating for the company in a report on Friday, November 3rd. Scotiabank reduced their target price on Enbridge from C$62.00 to C$61.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Royal Bank of Canada reduced their target price on Enbridge from C$64.00 to C$63.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Finally, National Bank Financial reduced their target price on Enbridge from C$67.00 to C$63.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Enbridge presently has a consensus rating of “Buy” and a consensus target price of C$60.47.

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About Enbridge

Enbridge Inc is a Canada-based energy transportation and distribution company. The Company is engaged in delivering energy. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. Liquids Pipelines consists of common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals, including Canadian Mainline, Lakehead Pipeline System, Mid-Continent and Gulf Coast and Regional Oil Sands System.

Insider Buying and Selling by Quarter for Enbridge (TSE:ENB)

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