Pembina Pipeline (PBA) Declares $0.16 Monthly Dividend; 6.4% Yield

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Pembina Pipeline Corporation Declares October 2016 Common Share Dividend, Quarterly Preferred Share Dividends and Announces Third Quarter 2016 Results Conference Call and Webcast Details

October 7, 2016 3:01 PM EDT

CALGARY, Oct. 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 October 2016 of $0.16 per share to be paid, subject to applicable law, on November 15, 2016 to shareholders of record on October 25, 2016.

For shareholders receiving their common share dividends in U.S. funds, the October 2016 cash dividend is expected to be approximately U.S. $0.1211 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of... More