Business
Pembina Pipeline Corporation Declares December 2021 Common Share Dividend and Announces 2022 Business Update Conference Call and Webcast
Pembina Pipeline Corporation Declares December 2021 Common Share Dividend and Announces 2...
About this update from Pembina Pipeline Corporation
[{"type":"text","content":"\n \n \n \n Pembina Pipeline Corporation Declares December 2021 Common Share Dividend and Announces 2022 Business Update Conference Call and Webcast\n \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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Dec. 6, 2021\n \n /CNW/ - Pembina Pipeline Corporation (\"Pembina\" or the \"Company\") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors has declared a common share cash dividend for\n \n December 2021\n \n of\n \n $0.21\n \n per share to be paid, subject to applicable law, on\n \n January 14, 2022\n \n to shareholders of record on\n \n December 31, 2021\n \n . The common share dividends are designated \"eligible dividends\" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered \"qualified dividends\" and may be subject to Canadian withholding tax.\n \n \n \n \n \n \n \n \n \n For shareholders receiving their common share dividends in U.S. funds, the\n \n December 2021\n \n cash dividend is expected to be approximately U.S.\n \n $0.1639\n \n per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.7803. 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 \n \n \n Confirmation of Record and Payment Date Policy\n \n \n \n Pembina pays cash dividends on its common shares in Canadian dollars on a monthly basis to shareholders of record on the 25\n \n th\n \n calendar day of each month (except for the December record date, which is\n \n December 31st\n \n ), if, as and when determined by the Board of Directors. Should the record date fall on a weekend or a statutory holiday, the effective record date will be the previous business day. The dividend payment date is the 15\n \n th\n \n calendar day of the month following the record date. Should the payment date fall on a weekend or on a statutory holiday, the business day prior to the weekend or statutory holiday becomes the p...