Business
Pembina Pipeline Corporation Declares Common Share Dividend for January and Quarterly Preferred Share Dividends
Pembina Pipeline Corporation Declares Common Share Dividend for January and Quarterly Pref...
About this update from Pembina Pipeline Corporation
[{"type":"text","content":"\n\n\n\nPembina Pipeline Corporation Declares Common Share Dividend for January and Quarterly Preferred Share Dividends\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen2{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Jan. 8, 2018\n\n\n\nCALGARY, Jan. 8, 2018 /CNW/ - Pembina Pipeline Corporation (\"Pembina\" or the \"Company\") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for January 2018 of $0.18 per share to be paid, subject to applicable law, on February 15, 2018 to shareholders of record on January 25, 2018.\n\nFor shareholders receiving their common share dividends in U.S. funds, the January 2018 cash dividend is expected to be approximately U.S. $0.1451 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.8063. The actual U.S. dollar dividend will depend on the Canadian/U.S. dollar exchange rate on the payment date and will be subject to applicable withholding taxes.\n\nPembina's Board of Directors also declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 11, 13, 15, 17 and 19 and expects to declare a dividend on the preferred shares, Series 21. Series 1, 3, 5, 7, 9, 11, 13 and 21 preferred share dividends are payable on March 1, 2018 to shareholders of record on February 1, 2018. Series 15, 17 and 19 preferred share dividends are payable on March 31, 2018 to shareholders of record on March 15, 2018.\n\n\n\n\nSeries\n\n\nDividend Amount\n\n\n\nPreferred Shares, Series 1   (PPL.PR.A)\n\n\n$0.2...