CALGARY, Nov. 8, 2019 /CNW/ – Pembina Pipeline Company (“Pembina” or the “Firm”) (TSX: PPL; NYSE: PBA) introduced in the present day that its Board of Administrators declared a standard share money dividend for November 2019 of $0.20 per share to be paid, topic to relevant regulation, on December 13, 2019 to shareholders of report on November 25, 2019. This dividend is designated an “eligible dividend” for Canadian revenue tax functions. For non-resident shareholders, Pembina’s frequent share dividends ought to be thought of “certified dividends” and could also be topic to Canadian withholding tax.
For shareholders receiving their frequent share dividends in U.S. funds, the November 2019 money dividend is anticipated to be roughly U.S. $0.1518 per share (earlier than deduction of any relevant Canadian withholding tax) based mostly on a forex trade charge of 0.7590. The precise U.S. greenback dividend will depend upon the Canadian/U.S. greenback trade charge on the fee date and will probably be topic to relevant withholding taxes.
Affirmation of Document and Cost Date Coverage
Pembina pays money dividends on…