Pembina Pipeline (PBA) Declares $0.1525 Quarterly Dividend; 3.1% Yield

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Pembina Pipeline Corporation Declares Common Share Dividend for January, Quarterly Preferred Share Dividends and Announces Amendments to its Dividend Reinvestment Plan

January 7, 2016 5:01 PM EST

CALGARY, Jan. 7, 2016 /PRNewswire/ - 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 2016 of $0.1525 per share to be paid, subject to applicable law, on February 15, 2016 to shareholders of record on January 25, 2016.

For shareholders receiving their common share dividends in U.S. funds, the January 2016 cash dividend is expected to be approximately U.S. $0.1085 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of... More