July 11, 2013
/PRNewswire/ - The Board of Directors of Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has declared a
cash dividend of
per share to be paid, subject to applicable law, on
August 15, 2013
to shareholders of record on
July 25, 2013
. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's dividends are considered "qualified dividends" and are subject to Canadian withholding tax.
For shareholders receiving their dividends in U.S. funds, the
cash dividend is expected to be approximately U.S.
per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.9514. The actual U.S. dollar dividend will depend on the Canadian/U.S. dollar exchange rate on the payment date and will be subject to applicable withholding taxes.
Confirmation of Record Date Policy
Pembina pays cash dividends in Canadian dollars on a monthly basis to shareholders of record on the 25th calendar day of each month (except for the December record date, which is
), as and when determined by the Board of Directors. Should the record date fall on a weekend or a statutory holiday, the effective record date will be the previous business day.
Second Quarter 2013 Results Conference Call and Webcast Details
expects to release its second quarter 2013 results after markets close on
Friday, August 9, 2013
. A conference call and webcast have been scheduled for
Monday, August 12, 2013
8:00 a.m. MT
10:00 a.m. ET
) for interested investors, analysts, brokers and media representatives.
The conference call dial-in numbers for
and the U.S. are 647-427-7450 or 888-231-8191. A recording of the conference call will be available for replay until
August 19, 2013
11:59 p.m. ET
. To access the replay, please dial either 416-849-0833 or 855-859-2056 and enter the password 17968415.
A live webcast of the conference call can be accessed on Pembina's website at
under Investor Centre, Presentation & Events, or by entering:
in your web browser. Shortly after the call, an audio archive will be posted on the website for a minimum of 90 days.
-based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving
energy industry for nearly 60 years. Pembina owns and operates: pipelines that transport conventional and synthetic crude oil and natural gas liquids produced in western
; oil sands, heavy oil and diluent pipelines; gas gathering and processing facilities; and, an oil and natural gas liquids infrastructure and logistics business. With facilities strategically located in western
and in natural gas liquids markets in eastern
and the U.S., Pembina also offers a full spectrum of midstream and marketing services that span across its operations. Pembina's integrated assets and commercial operations enable it to offer services needed by the energy sector along the hydrocarbon value chain.
SOURCE Pembina Pipeline Corporation