CALGARY, Feb. 6, 2015 /CNW/ - The Board of Directors of
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:
PPL; NYSE: PBA) has declared a common share cash dividend for
February 2015 of $0.145 per share to be paid, subject to
applicable law, on March 13, 2015 to
shareholders of record on February 25,
2015. This dividend is designated an "eligible dividend" for
Canadian income tax purposes. For non-resident shareholders,
Pembina's common share dividends should be considered "qualified
dividends" and are subject to Canadian withholding tax.
For shareholders receiving their common share dividends in U.S.
funds, the February 2015 cash
dividend is expected to be approximately U.S. $0.1158 per share (before deduction of any
applicable Canadian withholding tax) based on a currency exchange
rate of 0.7985. 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.
Fourth Quarter/Annual 2014 Results Conference Call and
Webcast
Pembina will release its fourth quarter and full year 2014
results after markets close on Thursday,
February 26, 2015. A conference call and webcast have been
scheduled for Friday, February 27,
2015 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 June 6, 2015 at
9:59 ET. To access the replay, please
dial either 416-849-0833 or 855-859-2056 and enter the password
45380870.
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
http://event.on24.com/r.htm?e=908208&s=1&k=6DBCFDBECA3074FAE21EB2E3398FFCB8
in your web browser. Shortly after the call, an audio archive will
be posted on the website for a minimum of 90 days.
2015 Investor Day
Pembina will hold an Investor Day on Tuesday, March 10, 2015 at the One King West
Hotel in Toronto, Ontario.
Parties interested in attending the event please email
investor-relations@pembina.com to request an invite. A live webcast
will begin at 8:30 a.m. ET. To
register for the webcast please click the following link or enter
the URL into your web browser:
http://event.on24.com/r.htm?e=909285&s=1&k=9ADA55600DE489890511AB3328511E0A.
The webcast and presentation will be accessible and available
for replay through Pembina's website under Investor Centre,
Presentations & Events.
Confirmation of Record and Payment Date Policy
Pembina pays cash dividends on its common shares 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), if, 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. The dividend payment date is the
15th of the month following the record date. Should the
payment date fall on a weekend or on a holiday the business day
prior to the weekend or holiday becomes the payment date.
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 60 years.
Pembina owns and operates pipelines that transport various
hydrocarbon liquids including conventional and synthetic crude oil,
heavy oil and oil sands products, condensate (diluent) and natural
gas liquids produced in western Canada. The Company also owns and operates 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 spans 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