Pembina Pipeline (PBA) Declares $0.16 Quarterly Dividend; Offers Credit Facility Update

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Go back to Pembina Pipeline (PBA) Declares $0.16 Quarterly Dividend; Offers Credit Facility Update

Pembina Pipeline Corporation Declares Common and Preferred Share Dividends and Announces Increase to Credit Facility and Conference Call and Webcast Details for its First Quarter 2016 Results and Annu

April 6, 2016 7:05 PM EDT

CALGARY, April 6, 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 April 2016 of $0.16 per share to be paid, subject to applicable law, on May 13, 2016 to shareholders of record on April 25, 2016. This dividend payment represents the previously announced monthly increase of 4.9 percent per common share.

For shareholders receiving their common share dividends in U.S. funds, the April 2016 cash dividend is expected to be approximately U.S. $0.1224 per share (before deduction of any... More