The Kinder Morgan Canada Limited (KML) board of directors has declared a dividend for the third quarter of 2017 of CAN$0.1625 per restricted voting share (CAN$0.65 annualised), payable on 15 November 2017, to restricted voting shareholders of record as of 31 October 2017.
KML's restricted voting share dividends are eligible dividends for Canadian income tax purposes.
"The Trans Mountain pipeline expansion project began limited construction activities in September and is moving forward with all aspects of planning and preparation for construction in other areas," said KML Board Chairman and CEO Steve Kean. "We have signed a number of agreements with prime construction contractors that will be supplying materials and working on the pipeline, terminals and stations along the route."
The full results can be found here.
Read the article online at: https://www.worldpipelines.com/business-news/23102017/kinder-morgan-declares-3q17-dividend/