Business
Pembina Pipeline Corporation Declares January 2021 Common Share Dividend, Quarterly Preferred Share Dividend and Announces Fourth Quarter 2020 Results Conference Call and Webcast
Pembina Pipeline Corporation Declares January 2021 Common Share Dividend, Quarterly Prefe...
About this update from Pembina Pipeline Corporation
[{"type":"text","content":"\n \n \n \n Pembina Pipeline Corporation Declares January 2021 Common Share Dividend, Quarterly Preferred Share Dividend and Announces Fourth Quarter 2020 Results 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.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Jan. 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 January 2021\n \n of\n \n $0.21\n \n per share to be paid, subject to applicable law, on\n \n February 12, 2021\n \n to shareholders of record on\n \n January 25, 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 For shareholders receiving their common share dividends in U.S. funds, the\n \n January 2021\n \n cash dividend is expected to be approximately U.S.\n \n $0.1653\n \n per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.7870. 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 Pembina's Board of Directors also declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 11, 13, 15, 17, 19, 21, 23 and 25. Series 1, 3, 5, 7, 9, 11, 13 and 21 preferred share dividends are payable on\n \n Marc...