Enbridge Inc. CUM RED PREF Series B is a specific series of preferred shares issued by Enbridge Inc., a Canadian energy company. These preferred shares offer investors a fixed return and priority over common shares for dividend payments. Series B is notable for its cumulative nature, meaning that if the company is unable to pay dividends in any given year, the owed amount accumulates and must be paid in the future before dividends are paid to common shareholders. Enbridge Inc. issued this series as part of its financing strategy and to raise capital for its energy projects.
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