The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Enbridge Income Fund Announces Cash Distribution

Monday, October 18, 2010

Enbridge Income Fund Announces Cash Distribution16:15 EDT Monday, October 18, 2010CALGARY, ALBERTA--(Marketwire - Oct. 18, 2010) - Enbridge Income Fund (TSX:ENF.UN) today announced that a monthly cash distribution, in the amount of $0.096 per trust unit, will be paid on November 15, 2010, to unitholders of record on October 29, 2010. A cash distribution of $0.096 per unit was also declared on the preferred units of Enbridge Commercial Trust, a subsidiary entity of the Fund.Pursuant to the Fund's Distribution Reinvestment Plan (the "Plan"), participants may elect, without brokerage fees, to automatically reinvest their monthly distributions in additional units of the Fund. Details of the Plan are available on the Fund's website (see below). Investors should contact their respective investment dealer to enroll.Enbridge Income Fund's trust units are listed and trade on the Toronto Stock Exchange under the symbol "ENF.UN". Enbridge Income Fund is an unincorporated, open-ended trust created to provide a stable and sustainable flow of distributable cash to unitholders. The Fund is a premier income fund in Canada with a low-risk profile focused on energy infrastructure assets. It owns a 50% interest in the Canadian segment of the Alliance Pipeline, a 100% interest in Enbridge Pipelines (Saskatchewan) Inc., and a 50% interest in NRGreen Power Limited Partnership, which operates electrical generation facilities using waste heat, and holds interests in three wind power projects in Western Canada. Information about Enbridge Income Fund is available on the Fund's web site at www.enbridgeincomefund.com.FOR FURTHER INFORMATION PLEASE CONTACT: Enbridge Income Fund Jennifer Varey Media (403) 508-6563 jennifer.varey@enbridge.com or Enbridge Income Fund Patrick Murray Investment Community (403) 508-3136 patrick.murray@enbridge.com www.enbridgeincomefund.com