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Inter Pipeline announces dividend

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World Pipelines,

On 9 December, Inter Pipeline Ltd. announced the declaration of a cash dividend of CAN$0.135 per share for December 2016. This dividend will be paid on or around 16 January 2017 to shareholders that were on record on 22 December 2016.

This dividend is designated as an ‘eligible dividend’ for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately CAN$3.8 billion in cash payments to investors. Inter Pipeline is a large petroleum transportation, natural gas liquids processing and bulk liquid storage business. Its objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline's portfolio of growth projects.

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Canada pipeline news