Pembina Pipeline Corporation Announces September 2014 Dividend
CALGARY, Sept. 11, 2014 /CNW/ - The Board of Directors of Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has declared a common share cash dividend for September 2014 of $0.145 per share to be paid, subject to applicable law, on October 15, 2014 to shareholders of record on September 25, 2014. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered "qualified dividends" and are subject to Canadian withholding tax.
For shareholders receiving their common share dividends in U.S. funds, the September 2014 cash dividend is expected to be approximately U.S. $0.1314 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.9065. 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.
Confirmation of Record and Payment Date Policy
SOURCE Pembina Pipeline Corporation
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