Dividend History
2003-2013
- ENF LAST PRICE: $26.20 (+0.09)
- VOLUMES TRADED: 42,930
- DIVIDEND YIELD: 5.10%
- ANNUAL DIVIDEND: $1.335
- SHARES OUTSTANDING (FLOAT): 45,249,000
- SHARES OUTSTANDING (TOTAL): 56,491,000
- As of 14:04 EST May 24
Designed to Deliver
Enbridge Income Fund Holdings Inc. (ENF) is a high yielding energy infrastructure company focused on providing investors with steady and predictable cash flows from its strong and diversified asset base. Through its ownership interest in Enbridge Income Fund, ENF gathers, transports and stores crude oil and liquids to be shipped on the Enbridge mainline for markets in the U.S., produces energy through its Green Energy assets and transports high heat content natural gas to markets in and around Chicago through its 50% interest in the Canadian portion of Alliance Pipeline.
FINANCIAL RESULTS - MARCH 31, 2013
Enbridge Income Fund (EIF)
| Green Power |
41.2 |
36 |
| Crude Oil and Liquids Transportation |
33.1 |
19.2 |
| Natural Gas Transmission |
17.9 |
18.2 |
| Corporate |
(22.0) |
(17.1) |
| CAFD |
70.2 |
56.3 |
| Preferred Distributions |
(28.5) |
(19.6) |
| Common Distributions |
(25.9) |
(17.8) |
| Total Payout |
78% |
66% |
Enbridge Income Fund Holdings Inc. (ENF)
| Common Unit Interest in Enbridge Income Fund |
85.6% |
80.7% |
| Distribution Income |
22.2 |
14.4 |
| Income Tax |
(1.0) |
(0.1) |
| Net Income |
21.2 |
14.3 |
| Dividend per Share |
$0.334 |
$0.309 |
| * Cash available for distribution is a non-GAAP measure. |
Energy Infrastructure Asset Base
Green Power Generation
- ENF produces over 500 MW of green energy from its diverse renewable energy asset base
- Assets include Wind Energy, Solar Power and Waste Heat recovery facilities
- Underpinned by long term power purchase agreements with high credit worthy counterparties
- Managed under long term operation and maintenance agreements
Crude Oil Transportation and Storage
- Crude oil transporation assets include the Bakken pipeline, Saskatchewan Gathering, Westspur, Weyburn and Virden pipeline systems, which combined, have the ability to deliver up to 400,000 bbls/day to Enbridge Mainline at Cromer, Manitoba
- Hardisty Contract Terminals – 19 above ground tanks, approximately 7.5 million barrels of storage capacity, adjacent to Enbridge’s Mainline System and at the junction of various regional receipt and export pipelines
- Hardisty Storage Caverns – 4 below ground caverns and two above ground buffer tanks, approximately 3.5 million barrels of storage capacity
Natural Gas Transmission
- Alliance Canada is designed to transport high heat content, liquids rich natural gas
- Firm capacity: 1,325 mcf/day fully contracted through 2015
- Competitive volume based toll from northeastern BC to Chicago, Illinois
- Close proximity to growing liquids rich supply basins
Quick Facts
- The Bakken Expansion Project went into service on March 1, 2013, on time and under budget
- Enbridge Income Fund is the largest solar power and second largest wind power generator in Canada
- Enbridge Inc. economic interest in the Company is 67%
Leadership Team
Directors
Richard H. Auchinleck
J. Richard Bird
M. Elizabeth Cannon
Charles W. Fischer
Harry Roberts
Gordon G. Tallman
Management
John K. Whelen, President
J. Richard Bird, Director
David T. Robottom, Director
Stephen J. Wuori, Director
Rod Craddock, Controller
Colin K. Gruending, CFO
Jana Jordon, Treasurer
Debra J. Poon, Corp. Secretary
Public Relations & Media
Jennifer Varey
Director, Corp. Communications
Phone: 403-508-6568
(888) 992-0997
(403) 508-6563
jennifer.varey@enbridge.com
