Energia
Pembina Pipeline Corporation Declares Common and Preferred Share Dividends and Announces Conference Call and Webcast Details for its First Quarter 2018 Results and Annual General Meeting
Pembina pays cash dividends on its common shares in Canadian dollars monthly 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.
Pembina's Board of Directors also declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 11, 13, 15, 17, 19 and 21. Series 1, 3, 5, 7, 9, 11, 13 and 21 preferred share dividends are payable on June 1, 2018 to shareholders of record on May 1, 2018 . Series 15, 17 and 19 preferred share dividends are payable on June 30, 2018 to shareholders of record on June 15, 2018 .
These dividends are designated "eligible dividends" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered "qualified dividends" and may be subject to Canadian withholding tax.
Dividends on the preferred shares Series 1, 3, 5, 7, 9, 11, 13 and 21 are payable on the first day of March, June, September and December in each year, if, as and when declared by the Board of Directors to shareholders of record on the first day of the preceding month, or, if such payment or record date is not a business day, the last preceding business day prior to the weekend or holiday. Dividends on the preferred shares Series 15, 17 and 19 are payable on the last day of March, June, September and December in each year, if, as and when declared by the Board of Directors to shareholders of record on the fifteenth day of the same month, or, if such payment or record date is not a business day, the next succeeding business day after the weekend or holiday.
Pembina will release its first quarter 2018 results on Thursday, May 3, 2018 after markets close. A conference call and webcast have been scheduled for Friday, May 4, 2018 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 May 11, 2018 at 11:59 p.m. ET . To access the replay, please dial either 416-849-0833 or 855-859-2056 and enter the password 9280599.
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=1586740&s=1&k=47B62FC50195DAE9E9D4355E0648F355 in your web browser. Shortly after the call, an audio archive will be posted on the website for a minimum of 90 days.
The Company will hold its Annual General Meeting of Shareholders ("AGM") on Friday, May 4, 2018 at 2:00 p.m. MT ( 4:00 p.m. ET ) at the Telus Convention Centre – Macleod Hall C-D, 120-9th Avenue SW, Calgary, Alberta, Canada .
A live webcast of Pembina's AGM presentation can be accessed on Pembina's website at www.pembina.com under Investor Centre, Presentation & Events, or by entering: https://event.on24.com/wcc/r/1586872/3974AF1920923BF05B61AB4F622A26B8 in your web browser. Participants are recommended to register for the webcast at least 10 minutes before the presentation start time.
Calgary -based Pembina Pipeline Corporation is a leading transportation and midstream service provider that has been serving North America's energy industry for over 60 years. Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada . The Company also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. Pembina's integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector. Pembina is committed to working with its community and aboriginal neighbours, while providing value for investors in a safe, environmentally responsible manner. This balanced approach to operating ensures the trust Pembina builds among all of its stakeholders is sustainable over the long term. Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. Pembina's preferred shares also trade on the Toronto stock exchange. For more information, visit www.pembina.com.
For further information:
Investor Relations, Scott Arnold , (403) 231-3156, 1-855-880-7404, e-mail: investor-relations@pembina.com, www.pembina.com