Pembina Pipeline Corporation Announces September 2013 Dividend

        Pembina Pipeline Corporation Announces September 2013 Dividend

PR Newswire

CALGARY, Sept. 9, 2013

CALGARY, Sept. 9, 2013 /PRNewswire/ - The Board of Directors of Pembina
Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has
declared a September 2013 cash dividend of $0.14 per share to be paid, subject
to applicable law, on October 15, 2013 to shareholders of record on September
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 September 2013
cash dividend will be approximately U.S.$0.135 per share (before deduction of
any applicable Canadian withholding tax) based on a currency exchange rate of
0.9647. 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 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, condensate 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


Investor Relations
Hayley Nelson
(403) 231-3156
Press spacebar to pause and continue. Press esc to stop.