Pembina Pipeline (PBA) Raises Monthly Dividend 5.3% to $0.20; 6.9% Yield

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Go back to Pembina Pipeline (PBA) Raises Monthly Dividend 5.3% to $0.20; 6.9% Yield

Pembina Pipeline Corporation Declares Increased Common Share Dividend

May 2, 2019 5:01 PM EDT

CALGARY, May 2, 2019 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors approved a 5.3 percent increase in its monthly common share dividend rate, from $0.19 per common share to $0.20 per common share, and declared a monthly dividend for May 2019 of $0.20 per share to be paid, subject to applicable law, on June 14, 2019 to shareholders of record on May 24, 2019. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered "qualified... More