EEQ 15.00  0%
EEP 15.74  0%
ENB 41.23  0.46%

Distributions

Enbridge Energy Management (or EEQ) pays quarterly distributions in the form of additional shares. The distributions are comparable in value to the quarterly cash distributions paid by Enbridge Energy Partners (or EEP).

Specifically, the distribution of additional EEQ shares is determined by dividing the cash value of a distribution declared by Enbridge Energy Partners by the average closing price of EEQ shares for the ten consecutive trading days prior to the ex-dividend date.

Distributions declared by the Board of Directors are distributed to shareholders of record 45 days after the end of each calendar quarter. The payment date is moved forward if the 45-day mark falls on a weekend or holiday.

Projected Distribution Dates

2017
Q1 Q2 Q3 Q4
Payment Date Feb 14 May 15 Aug 14 Nov 14
Record Date Feb 07 May 08 Aug 07 Nov 07
Ex-Dividend Date Feb 03 May 04 Aug 03 Nov 03
Declaration Date Jan 31 Apr 28 Jul 28 Oct 27

All future dates are tentative and distributions are not made until approved by the Board of Directors. To be entitled to a declared distribution, investors must have purchased shares at least one business day in advance of the ex-dividend date. Commencing on the ex-dividend date, shares trade without entitlement to the recently declared distribution. Record date is the date upon which an investor must be registered as a shareholder in order to receive a declared distribution. Declaration date is the date upon which the Board of Directors declares a distribution.

Distributions by Date of Payment

Q1 Q2 Q3 Q4
2017 2.5980 1.9493 2.2758  
2016 3.5828 2.7575  2.5528  2.3266
2015 1.5202 1.5301 1.9004 2.1510
2014 1.9479 1.8651 1.6075 1.5526
2013 1.7846 1.8424 1.7062 1.8584
2012 1.5605 1.6496 1.7294 1.7174
2011 1.618 1.5451 1.7676 1.7588
2010 1.8983 1.9438 1.8489 1.7495
2009 3.2818 2.8651 2.3484 2.0939
2008 1.8527 1.8491 2.0237 2.8383
2007 1.8031 1.5919 1.6358 1.8134
2006 1.9485 2.1296 2.0785 1.8785
2005 1.8251 1.8454 1.6920 1.8038
2004 1.8783 2.0120 2.1077 2.1032
2003 2.4455 2.3217 1.9838 1.9909
2002 -- -- -- 2.5406

Amounts in table represent new shares paid-in-kind for every 100 EEQ shares outstanding on record date. Yield is the effective compound yield of total distributions paid in the year. Distributions, which are declared and paid in arrears, are shown in table based on payment date.