Pembina Pipeline (PBA) Declares $0.16 Monthly Dividend; 6% Yield

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Pembina Pipeline Corporation Declares Common Share Dividend for January and Quarterly Preferred Share Dividends

January 5, 2017 5:37 PM EST

CALGARY, Jan. 5, 2017 /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 2017 of $0.16 per share to be paid, subject to applicable law, on February 15, 2017 to shareholders of record on January 25, 2017.

For shareholders receiving their common share dividends in U.S. funds, the January 2017 cash dividend is expected to be approximately U.S. $0.1202 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of... More