Report of Foreign Issuer (6-k)
December 08 2015 - 6:04AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December, 2015
Commission File Number: 001-35563
PEMBINA PIPELINE CORPORATION
(Name of registrant)
(Room #39-095) 4000, 585 8th Avenue S.W.
Calgary, Alberta T2P 1G1
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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PEMBINA PIPELINE CORPORATION |
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Date: December 7, 2015 |
By: |
/s/ Scott Burrows |
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Name: Scott Burrows |
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Title: Vice President, Finance and Chief Financial Officer |
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Form
6-K Exhibit Index
Exhibit
Number |
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Document
Description |
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99.1 |
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News Release Dated December 7, 2015 - Pembina
Pipeline Corporation Declares December 2015 Common Share Dividend |
Exhibit 99.1
Pembina Pipeline Corporation Declares
December 2015 Common Share Dividend
CALGARY, Dec. 7, 2015 /CNW/ - Pembina Pipeline
Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors
declared a common share cash dividend for December 2015 of $0.1525 per share to be paid, subject to applicable law, on January
15, 2016 to shareholders of record on December 31, 2015. This dividend is designated an "eligible dividend" 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.
For shareholders receiving their common share
dividends in U.S. funds, the December 2015 cash dividend is expected to be approximately U.S. $0.1129 per share (before deduction
of any applicable Canadian withholding tax) based on a currency exchange rate of 0.7403. 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 and Payment Date
Policy
Pembina pays cash dividends on its common shares
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), 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.
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 over 60 years.
Pembina owns and operates an integrated system of pipelines that transport various products derived from natural gas and hydrocarbon
liquids produced in western Canada and North Dakota. The Company also owns and operates 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 entire 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.
For more information, visit www.pembina.com.
Forward-Looking Information and Statements
This news release contains certain forward-looking
information and statements that are based on Pembina's current expectations, estimates, projections and assumptions in light of
its experience and its perception of historical trends. In this news release, such forward-looking information and statements can
be identified by terminology such as "to be", "expects", and similar expressions.
In particular, this news release contains
forward-looking statements and information relating to: future dividends which may be declared on Pembina's common shares and preferred
shares. These forward-looking statements are being made by Pembina based on certain assumptions that Pembina has made in respect
thereof as at the date of this news release, regarding, among other things: oil and gas industry exploration and development activity
levels; the success of Pembina's operations and growth projects; prevailing commodity prices, margins, volumes and exchange rates;
that Pembina's future results of operations will be consistent with past performance and management expectations in relation thereto;
the continued availability of capital at attractive prices to fund future capital requirements relating to existing assets and
projects, including but not limited to future capital expenditures relating to expansion, upgrades and maintenance shutdowns; the
success of growth projects; future operating costs; that any third party projects relating to Pembina's growth projects will be
sanctioned and completed as expected; that any required commercial agreements can be reached; that all required regulatory and
environmental approvals can be obtained on the necessary terms in a timely manner; that counterparties to material agreements will
continue to perform in a timely manner; that there are no unforeseen events preventing the performance of contracts; and that there
are no unforeseen material construction, integrity or other costs related to current growth projects or current operations. These
forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and
uncertainties, including, but not limited to: the regulatory environment and decisions; non-performance of agreements in accordance
with their terms; the impact of competitive entities and pricing; reliance on key industry partners, alliances and agreements;
the strength and operations of the oil and natural gas production industry and related commodity prices; the continuation or completion
of third-party projects; actions by governmental or regulatory authorities including changes in tax laws and treatment, changes
in royalty rates or increased environmental regulation; adverse general economic and market conditions in Canada, North America
and elsewhere; fluctuations in operating results; construction delays; labour and material shortages; and certain other risks detailed
from time to time in Pembina's public disclosure documents including, among other things, those detailed under the heading "Risk
Factors" in Pembina's management's discussion and analysis and annual information form for the year ended December 31, 2014,
which can be found at www.sedar.com.
Accordingly, readers are cautioned that
events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking
statements are expressly qualified by the above statements. Pembina does not undertake any obligation to publicly update or revise
any forward looking statements or information contained herein, except as required by applicable laws.
SOURCE Pembina Pipeline Corporation
%CIK: 0001546066
For further information: Investor Relations: Chelsy Hoy /
Ian McAvity, (403) 231-3156, 1-855-880-7404, e-mail: investor-relations@pembina.com, www.pembina.com
CO: Pembina Pipeline Corporation
CNW 19:05e 07-DEC-15
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