Inter Pipeline: June 2015 dividend

Inter Pipeline Ltd. has announced the declaration of a cash dividend of CAN$0.1225 per share for June 2015. This dividend will be paid on or about 15 July, 2015 to shareholders of record on 22 June, 2015. This dividend is designated as an ‘eligible dividend’ for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately CAN$3 billion in cash payments to investors. Inter Pipeline's objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline's large portfolio of organic growth projects.

Inter Pipeline Ltd.

Inter Pipeline is a major petroleum transportation, natural gas liquids extraction, and bulk liquid storage business based in Calgary, Alberta, Canada. Inter Pipeline owns and operates energy infrastructure assets in western Canada and northern Europe. 

Adapted from press release by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/10062015/inter-pipeline-june-2015-dividend/