Pembina Pipeline Corporation: Preferred Share Dividends Declared
Pembina Pipeline Corporation Declares Quarterly Preferred Share Dividends
Pembina Pipeline Corporation, known for its robust pipeline services, has officially announced that dividends for its preferred shares Series 1, 3, 5, 7, 9, 15, 17, 19, 21, and 25 will be declared by its Board of Directors. This announcement is significant for investors who hold these shares as it guarantees a return on their investment.
Dividend Payment Schedule
The declared dividends for Series 1, 3, 5, 7, 9, and 21 are set to be payable on March 3, 2025, to shareholders who are on record by February 3, 2025. Additionally, dividends for Series 15, 17, and 19 will be payable on March 31, 2025, with shareholders on record by March 17, 2025. For Series 25, the dividends are scheduled for payment on February 17, 2025, for those on record by January 31, 2025.
Details of Preferred Shares Dividends
Dividend Amounts
Below are the specific dividend amounts for each series of preferred shares:
- Preferred Shares, Series 1 (PPL.PR.A): $0.407813
- Preferred Shares, Series 3 (PPL.PR.C): $0.376188
- Preferred Shares, Series 5 (PPL.PR.E): $0.425875
- Preferred Shares, Series 7 (PPL.PR.G): $0.372063
- Preferred Shares, Series 9 (PPL.PR.I): $0.268875
- Preferred Shares, Series 15 (PPL.PR.O): $0.385250
- Preferred Shares, Series 17 (PPL.PR.Q): $0.412813
- Preferred Shares, Series 19 (PPL.PR.S): $0.292750
- Preferred Shares, Series 21 (PPL.PF.A): $0.393875
- Preferred Shares, Series 25 (PPL.PF.E): $0.405063
Dividend Payment Policy
Pembina has a systematic approach to dividend payments for its preferred shares. Cash dividends are paid in Canadian dollars, with Series 1, 3, 5, 7, 9, and 21 paying out on the first day of March, June, September, and December yearly. Meanwhile, Series 15, 17, and 19 will see dividends on the last day of those same months, and Series 25 dividends are scheduled for the 15th of February, May, August, and November each year.
Upcoming Conference Call for Fourth Quarter Results
Pembina will conduct a conference call to discuss its fourth quarter results on February 28, 2025. Interested parties, including investors and analysts, are welcome to join this session, scheduled for 8:00 a.m. MT (10:00 a.m. ET), providing an essential platform for discussing the company's financial health and performance.
Accessing the Conference Call
To join the conference call, participants in Canada and the U.S. can dial 1-289-819-1520 or 1-800-549-8228. For those who miss the live call, a replay will be available until March 7, 2025, at 11:59 p.m. ET, by dialing 1-289-819-1325 or 1-888-660-6264, and entering the password 56189 #.
About Pembina Pipeline Corporation
Pembina Pipeline Corporation is a prominent name in energy transportation and midstream services, proudly serving North America's energy sector for over 70 years. The company boasts an extensive network that includes pipelines for hydrocarbons and natural gas, alongside gas gathering and processing facilities, and an oil and natural gas liquids infrastructure.
Through its integrated operations, Pembina aims to deliver safe and reliable energy solutions that benefit producers and consumers around the globe. The commitment to sustainability and community support is at the core of Pembina's mission, enhancing its value to customers and stakeholders alike.
Pembina's common shares are listed on both the Toronto and New York stock exchanges under the ticker symbols PPL and PBA, reflecting its geographical reach and operational effectiveness.
Frequently Asked Questions
When will the dividends for preferred shares be paid?
The dividends will be payable on specific dates in March and February 2025, depending on the series of preferred shares.
How much is the dividend for Series 3 preferred shares?
The dividend for Preferred Shares, Series 3 (PPL.PR.C) is $0.376188.
What is the purpose of Pembina Pipeline Corporation?
Pembina aims to deliver exceptional energy solutions that benefit the world and its communities.
What is the date of the fourth quarter earnings conference call?
The conference call is scheduled for February 28, 2025, at 8:00 a.m. MT.
Where can I find more information about Pembina?
More information can be found on Pembina's official website which details the company’s operations and investor relations.
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