Pembina Pipeline Corporation Announces July 2013 Dividend and Second Quarter
2013 Results Conference Call and Webcast
CALGARY, July 11, 2013
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
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:
in your web browser. Shortly after the call, an audio archive will be posted
on the website for a minimum of 90 days.
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
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