Stock Name: W.PR.H
Amount: CAD 0.3438
Announcement Date: 08/05/2012
Record Date: 28/06/2012
Dividend Detail:
VANCOUVER, May 8, 2012 /CNW/ - On May 8, 2012, Westcoast Energy Inc. declared the following quarterly dividends:
5.50% CUMULATIVE FIRST PREFERRED SHARES, SERIES 7:�� A dividend of 34.375 cents per share payable on July 15, 2012 to
shareholders of record at the close of business on July 1, 2012.
5.60% CUMULATIVE FIRST PREFERRED SHARES, SERIES 8:�� A dividend of 35.00 cents per share payable on July 15 15, 2012 to
shareholders of record at the close of business on July 1, 2012.
Also on May 8, 2012, Union Gas Limited declared the following quarterly dividends:
5��% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES A:�� A quarterly dividend of 69 cents per share payable on June 30, 2012 to
shareholders of record at the close of business on June 8, 2012.
6% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES B:�� A quarterly dividend of 75 cents per share payable on June 30, 2012 to
shareholders of record at the close of business on June 8, 2012.
5% CUMULATIVE REDEEMABLE CLASS A PREFERENCE SHARES, SERIES C:�� A quarterly dividend of 62.5 cents per share payable on June 30, 2012 to
shareholders of record at the close of business on June 8, 2012.
All dividends paid or deemed paid for Canadian federal, provincial or
territorial income tax purposes by Westcoast Energy Inc. and Union Gas
Limited (collectively the "Corporations") including the dividends above are designated eligible dividends
pursuant to Subsection 89(14) of the Income Tax Act (Canada) or similar provincial or territorial legislation.�� This
designation will apply to all such dividends paid or deemed paid in the
future unless otherwise notified by the Corporations.�� An eligible
dividend received by a Canadian resident individual shareholder is
entitled to the enhanced dividend tax credit.
Westcoast Energy Inc. and Union Gas Limited are indirect subsidiaries of
Spectra Energy Corp.
Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's premier natural gas infrastructure
companies serving three key links in the natural gas value chain:
gathering and processing, transmission and storage, and distribution.
For nearly a century, Spectra Energy and its predecessor companies have
developed critically important pipelines and related infrastructure
connecting natural gas supply sources to premium markets. Based in
Houston, Texas, the company's operations in the United States and
Canada include more than 19,100 miles of transmission pipeline,
approximately 305 billion cubic feet of storage, as well as natural gas
gathering and processing, natural gas liquids and local distribution
operations. The company also has a 50 percent ownership in DCP
Midstream, one of the largest natural gas gatherers and processors in
the United States. Spectra Energy is a member of the Dow Jones
Sustainability World and North America Indexes and the U.S. S&P 500
Carbon Disclosure Project's Carbon Disclosure Leadership Index.�� For
more information, visit www.spectraenergy.com.
For further information:
Media:
Rosemary Silva
Spectra Energy
(604) 488-8147
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