Calgary's Enbridge Boosts Dividend for 31st Consecutive Year Amidst Policy Stability
A Steady Hand for Shareholders
Calgary-headquartered Enbridge Inc. has announced a 3% increase in its quarterly dividend for 2026, marking an impressive 31st consecutive year of increases. Shareholders will receive $0.9700 per common share, payable on March 1, 2026, to those on record by February 17, 2026. This consistent growth highlights Enbridge's financial resilience and its enduring commitment to shareholder returns.
Calgary's Economic Cornerstone
As a multinational pipeline and energy company, Enbridge (TSX: ENB, NYSE: ENB) is a vital pillar of Calgary's economy. The energy sector, where Enbridge is a key player, directly and indirectly supports over 100,000 local jobs and contributes substantially to Alberta's Gross Domestic Product. In 2024, Enbridge's Alberta-based workforce of 3,740 employees and contractors injected nearly $439 million in base pay directly into the provincial economy, underscoring its significant local impact.
Navigating Energy Transition with Policy Support
Enbridge's strategic investments in hydrogen, renewable natural gas, and carbon capture and storage (CCUS) align with Alberta's energy transition goals, building on a legacy dating back to its 1949 founding. This dividend announcement follows a significant policy development: the Canada-Alberta Memorandum of Understanding (MOU) signed last month. This landmark agreement, which Enbridge welcomed, suspends federal Clean Electricity Regulations and the oil and gas emissions cap, fostering a more stable investment climate and unlocking growth for Calgary's energy giants.
