Inter Pipeline announces cash dividend
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
Inter Pipeline Ltd. has announced the declaration of a cash dividend of CAN$ 0.1075 per share for October 2014. This dividend will be paid on or about 14 November, 2014 to shareholders of record on 22 October, 2014.
This dividend is designated as an "eligible dividend" for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately CAN$ 2.7 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 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.
Edited from source by Elizabeth Corner
Read the article online at: https://www.worldpipelines.com/business-news/10102014/inter-pipeline-announces-cash-dividend/
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