Pembina Pipeline Corporation (Pembina) has announced that its Board of Directors declared a common share cash dividend for March 2016 of CAN$0.1525 per share to be paid, subject to applicable law, on 15 April 2016 to shareholders of record on 24 March 2016. This dividend is designated an 黑料社榚ligible dividend黑料社� for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered 黑料社榪ualified dividends黑料社� and may be subject to Canadian withholding tax.
For shareholders receiving their common share dividends in US funds, the March 2016 cash dividend is expected to be approximately US$0.1152 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.7555. The actual US dollar dividend will depend on the Canadian/US dollar exchange rate on the payment date and will be subject to applicable withholding taxes.
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