CALGARY, July 11, 2013 /PRNewswire/ - The Board of
Directors of Pembina Pipeline Corporation ("Pembina" or the
"Company") (TSX: PPL; NYSE: PBA) has declared a July 2013 cash dividend of $0.135 per share to be paid, subject to
applicable law, on August 15, 2013 to
shareholders of record on July 25,
2013. This dividend is designated an "eligible dividend" for
Canadian income tax purposes. For non-resident shareholders,
Pembina's dividends are considered "qualified dividends" and are
subject to Canadian withholding tax.
For shareholders receiving their dividends in U.S. funds, the
July 2013 cash dividend is expected
to be approximately U.S.$0.13 per
share (before deduction of any applicable Canadian withholding tax)
based on a currency exchange rate of 0.9514. The actual U.S. dollar
dividend will depend on the Canadian/U.S. dollar exchange rate on
the payment date and will be subject to applicable withholding
taxes.
Confirmation of Record Date Policy
Pembina pays cash dividends in Canadian dollars on a monthly
basis to shareholders of record on the 25th calendar day of each
month (except for the December record date, which is December 31st), as and when determined by the
Board of Directors. Should the record date fall on a weekend or a
statutory holiday, the effective record date will be the previous
business day.
Second Quarter 2013 Results Conference Call and Webcast
Details
Pembina expects to release its second quarter 2013 results after
markets close on Friday, August 9,
2013. A conference call and webcast have been scheduled for
Monday, August 12, 2013 at
8:00 a.m. MT (10:00 a.m. ET) for interested investors,
analysts, brokers and media representatives.
The conference call dial-in numbers for Canada and the U.S. are 647-427-7450 or
888-231-8191. A recording of the conference call will be available
for replay until August 19, 2013 at
11:59 p.m. ET. To access the replay,
please dial either 416-849-0833 or 855-859-2056 and enter the
password 17968415.
A live webcast of the conference call can be accessed on
Pembina's website at www.pembina.com under Investor Centre,
Presentation & Events, or by entering:
https://event.on24.com/eventRegistration/EventLobbyServlet?target=registration.jsp&eventid=656734&sessionid=1&key=F5C8000D74F4B53A3949D9A26D3E5E09&sourcepage=register
in your web browser. Shortly after the call, an audio archive will
be posted on the website for a minimum of 90 days.
About Pembina
Calgary-based Pembina Pipeline
Corporation is a leading transportation and midstream service
provider that has been serving North
America's energy industry for nearly 60 years. Pembina owns
and operates: pipelines that transport conventional and synthetic
crude oil and natural gas liquids produced in western Canada; oil sands, heavy oil and diluent
pipelines; gas gathering and processing facilities; and, an oil and
natural gas liquids infrastructure and logistics business. With
facilities strategically located in western Canada and in natural gas liquids markets in
eastern Canada and the U.S.,
Pembina also offers a full spectrum of midstream and marketing
services that span across its operations. Pembina's integrated
assets and commercial operations enable it to offer services needed
by the energy sector along the hydrocarbon value chain.
SOURCE Pembina Pipeline Corporation