Highlights of the Enbridge "DRIP" and a downloadable copy of the related plan information, which explains the plan in full, are found on our DRIP/Share Purchase Plan page. You may also contact AST Trust Company (Canada) to receive hard copy materials regarding the plan.
To enrol in the plan, non-registered owners of Enbridge common shares must contact their investment representative. Registered owners should contact AST Trust Company (Canada) regarding enrolment.
Effective March 1, 2008, participants in the Enbridge Inc. Dividend Reinvestment Plan (DRIP) receive a 2% to market discount on purchase of common shares with reinvested dividends. The discount does not apply to purchase of common shares by optional cash payments (limit CAD $5,000 per quarter) under the optional Share Purchase Plan (SPP).
The price of the common shares purchased on behalf of plan participants with reinvested dividends are 98 per cent of the weighted average of the trading prices for common shares on the Toronto Stock Exchange on the five trading days preceding a dividend payment date. Enbridge reserves the right to amend or cancel the discount at any time.
Registered shareholders hold their securities directly and most often physically possess certificate(s) evidencing their position. Non-registered (or Beneficial) owners hold their securities through a brokerage firm or other financial intermediary. Non-registered securities are often referred to being held in "street form. "Most investors choose to own securities in non-registered form, primarily for reasons of convenience.
Non-registered owners should contact their investment representatives to request any changes or information concerning their accounts. Registered owners should contact the AST Trust Company (Canada) or call toll free 1-800-821-2794 (within North America) or (416) 682-3860 (outside North America).
Enbridge cannot make address or name changes, confirm holdings or transactions, or perform other administrative tasks affecting the accounts of either registered or non-registered owners of Enbridge securities.
Enbridge encourages questions and discussion with all of our shareholders and potential investors. Please see the Contact Us page.
Investors interested in receiving immediate notification of Enbridge Inc. press release information can sign up for Email Alerts here.
Please refer the Enbridge Inc. Preferred Shares Summary document here.
The ENB DRIP Summary document contains quarterly DRIP information from 2008 – present and is located on the website on the “Dividend Reinvestment Plan & Share Purchase Plan” page.