Stock Name: PPL
Amount: CAD 0.135
Announcement Date: 11/10/2012
Record Date: 23/10/2012
Dividend Detail:
CALGARY, Oct. 11, 2012 /CNW/ - The Board of Directors of Pembina
Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE:
PBA) has declared an October 2012 cash dividend of $0.135 per share to
be paid, subject to applicable law, on November 15, 2012 to
shareholders of record on October 25, 2012. 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 October
2012 cash dividend will be approximately U.S.$0.132 per share (before
deduction of any applicable Canadian withholding tax) based on a
currency exchange rate of 0.9782. 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.
About Pembina
Calgary-based Pembina Pipeline Corporation is a leading transportation
and midstream service provider with nearly 60 years serving North
America's energy industry. Pembina owns and operates: pipelines that
transport conventional crude oil and natural gas liquids produced in
western Canada; oil sands and heavy oil 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 the natural gas liquids markets in
eastern Canada and the U.S. Pembina also offers a full spectrum of
midstream services that span across its operations. Pembina provides
monthly cash dividends to its shareholders. Pembina's common shares and
convertible debentures are traded on the Toronto Stock Exchange under
the symbols PPL, PPL.DB.C, PPL.DB.E and PPL.DB.F respectively.
Pembina's common shares are traded on the New York Stock Exchange under
the symbol PBA.
All dollar values are in Canadian dollars unless otherwise stated.
SOURCE: Pembina Pipeline Corporation
For further information:
Investor Relations
Ashley Nuell or Hayley Nelson
(403) 231-3156
1-855-880-7404
e-mail:��investor-relations@pembina.com
www.pembina.com
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