Pembina Pipeline Corp. declares June 2016 common share dividend
Published by Angharad Lock,
Digital Assistant Editor
World Pipelines,
Pembina Pipeline Corp. has reported that its Board of Directors declared a common share cash dividend for June 2016 of CAN$0.16 per share. This is to be paid, subject to applicable law, on 15 July 2016 to shareholders of record on 24 June 2016. 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 dividends" and may be subject to Canadian withholding tax.
For shareholders receiving their common share dividends in US currency, the June 2016 cash dividend is anticipated to be approximately US$0.1249 per share. This is prior to deduction of any applicable Canadian withholding tax and is founded on a currency exchange rate of 0.7808.
Edited from press release by Angharad Lock
Read the article online at: https://www.worldpipelines.com/business-news/08062016/pembina-pipeline-corp-declares-june-2016-common-share-dividend-199/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Construction begins on Greensand’s carbon dioxide transit terminal at Port Esbjerg
When the tanks are full, the liquefied carbon dioxide will be loaded onto a dedicated carrier from Royal Wagenborg and shipped to the INEOS Nini platform in the Danish North Sea. From there, it will be safely injected via pipeline into subsurface reservoirs approximately 1800 m beneath the seabed for permanent storage.
