Pembina Pipeline (PBA) Declares $0.0833 Quarterly Dividend; 0.9% Yield

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Go back to Pembina Pipeline (PBA) Declares $0.0833 Quarterly Dividend; 0.9% Yield

Pembina Announces Closing of Business Combination with Veresen, Declares Increased Common Share Dividend and Provides Business Update

October 2, 2017 8:48 AM EDT

All figures are in Canadian dollars unless otherwise indicated

CALGARY, Oct. 2, 2017 /PRNewswire/ - Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) ("Pembina") is pleased to announce that it has completed its previously announced business combination (the "Transaction") with Veresen Inc. (TSX: VSN) ("Veresen") pursuant to a plan of arrangement (the "Arrangement") under Section 193 of the Business Corporations Act (Alberta) to create one of the largest energy infrastructure companies in Canada.

"Today marks another significant milestone for Pembina," said Mick Dilger, Pembina's... More