Pembina Reports February 2010 Distribution
Pembina Pipeline Income Fund announced a February 2010 cash distribution to Unitholders of 13 cents per Trust Unit, to be paid March 15, 2010 to Unitholders of record on February 25, 2010.
Based on internal projections and certain assumptions, Pembina expects to maintain its current distribution level of 13 cents per Trust Unit per month ($1.56 per Trust Unit per year) through 2013. The Fund currently plans to convert to a corporation in 2010 and expects to distribute $1.56 per share annually to investors as a monthly dividend once the new structure is in place.
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