This dividend is designated as an "eligible dividend" for Canadian tax purposes.
But there are a couple of reasons to expect that things will be better for Inter Pipeline and that they won’t be as bad as the company feared they would be just a few months ago.Currently, Inter Pipeline is paying $0.48 per share in dividends annually, and its per-share earnings of $1.27 have plenty of room to support that level of payout. CALGARY, AB – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.04 per share for June 2020.This dividend will be paid on or about July 15, 2020 to shareholders of record on June 22, 2020.This dividend is designated as an “eligible dividend” for Canadian tax purposes. Jul 22, 2020 Inter Pipeline Announces Second Quarter 2020 Results Conference Call and Webcast Jul 9, 2020 Inter Pipeline Announces July 2020 Cash Dividend Jun 9, 2020 Inter Pipeline Announces June 2020 Cash Dividend Stock Quote. CALGARY, May 7, 2020 /CNW/ - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL.TO - News) announced today the declaration of a cash dividend of $0.04 per share for May 2020.This dividend will be paid on or about June 15, 2020 to shareholders of record on May 25, 2020.This dividend is designated as an "eligible dividend" for Canadian tax purposes.
Now’s not a great time to be adding volatile, high-risk oil and gas stocks into your portfolio. Current as of July 30, 2020.It could lead to some better quarterly results for Inter Pipeline and other oil and gas companies this year, making the company’s current dividend that much safer.It won’t be until August that Inter Pipeline releases its next round of quarterly results. Inter Pipeline's objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline's portfolio of growth projects.Certain information contained herein may constitute forward-looking statements that involve risks and uncertainties. Inter Pipeline Ltd has already cut its dividend once this year. CALGARY, May 7, 2020 (Canada NewsWire via COMTEX) -- Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the declaration of a cash dividend of $0.04 per share for May 2020. Readers are cautioned not to place undue reliance on forward-looking statements, including, but not limited to, statements regarding the sustainability of future dividends. For this purpose, any statements that are not statements of historical fact may be deemed to be forward-looking statements. Inter Pipeline, meanwhile, has a dividend of just 4%. Such information, although considered reasonable by Inter Pipeline at the time of preparation, may later prove to be incorrect and actual results may differ materially from those anticipated in the statements made. Once a high-yielding payout that was paying $0.1425 every month, shareholders are now receiving payments of just $0.04.
The Premium Dividend TM and Dividend Reinvestment Plan was also suspended to reduce dilution to shareholders. But there are a couple of reasons to expect that things will be better for Inter Pipeline and that they won’t be as bad as the company feared they would be just a few months ago.Currently, Inter Pipeline is paying $0.48 per share in dividends annually, and its per-share earnings of $1.27 have plenty of room to support that level of payout. CALGARY, AB, June 9, 2020 /CNW/ - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL.TO - News) announced today the declaration of a cash dividend of $0.04 per share for June 2020.This dividend will be paid on or about July 15, 2020 to shareholders of record on June 22, 2020.This dividend is designated as an "eligible dividend" for Canadian tax purposes.
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