CALGARY, June 11, 2018 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for June 2018. This dividend will be paid on or about July 16, 2018 to shareholders of record on June 22, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $4.7 billion in cash payments to investors. 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 … Continue Reading

CALGARY, May 8, 2018 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced today the voting results from its annual meeting of shareholders (the “Meeting”) held May 7, 2018 in Calgary, Alberta. Shareholders were asked to vote on a number of proposals as described in detail in Inter Pipeline’s Management Information Circular dated March 19, 2018.

A total of 383,161,288 common shares representing 48.03% of Inter Pipeline’s issued and outstanding shares were voted in person or by proxy in connection with the Meeting.

Election of Directors

Inter Pipeline is pleased to announce that all board nominees … Continue Reading

CALGARY, May 7, 2018 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for May 2018. This dividend will be paid on or about June 15, 2018 to shareholders of record on May 23, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $4.6 billion in cash payments to investors. 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 … Continue Reading

CALGARY, May 7, 2018 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced strong financial and operating results for the three month period ended March 31, 2018.

First Quarter Highlights

Funds from operations (FFO) totalled $254 million, a three percent increase over first quarter 2017

Net income for the quarter was a record $143 million

Declared cash dividends of $160 million, or $0.42 per share

Attractive quarterly payout ratio* of 63 percent

NGL processing business segment generated record quarterly FFO of $99 million, up 20 percent from first quarter 2017

Record total pipeline throughput

… Continue Reading

CALGARY, April 9, 2018 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for April 2018. This dividend will be paid on or about May 15, 2018 to shareholders of record on April 23, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $4.6 billion in cash payments to investors. 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 … Continue Reading

CALGARY, March 29, 2018 /CNW/ – Inter Pipeline Ltd. (TSX: IPL) will announce its first quarter 2018 financial and operating results on May 7, 2018. A conference call and webcast have been scheduled for May 8 at 9:00 a.m. MT (11:00 a.m. ET) for interested shareholders, analysts and media representatives.

To participate in the conference call, please dial 1 (888) 231-8191. A replay of the conference call will be available until May 18, 2018 by calling 1 (855) 859-2056. The code for the replay is 3494907.

Annual Meeting of Shareholders

Inter Pipeline will hold its Annual … Continue Reading

CALGARY, Alberta, March 09, 2018 (GLOBE NEWSWIRE) — Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for March 2018. This dividend will be paid on or about April 16, 2018 to shareholders of record on March 22, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $4.5 billion in cash payments to investors. 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 … Continue Reading

CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) — Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today financial and operating results for the three and twelve month periods ended December 31, 2017.  

2017 Highlights

Generated record funds from operations (FFO) of $991 million, a 17 percent increase over 2016
 

Net income increased by 10 percent to a record $527 million for the year
 

Declared annual cash dividends of $610 million, or $1.63 per share
 

Conservative annual payout ratio* of 62 percent
 

Announced an annualized dividend increase of $0.06 per share, the 15th consecutive increase for Inter Pipeline shareholders
 

Average annual throughput

… Continue Reading

CALGARY, Alberta, Feb. 09, 2018 (GLOBE NEWSWIRE) — Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for February 2018. This dividend will be paid on or about March 15, 2018 to shareholders of record on February 23, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $4.5 billion in cash payments to investors. 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 … Continue Reading

CALGARY, Alberta, Jan. 25, 2018 (GLOBE NEWSWIRE) — Inter Pipeline Ltd. (TSX:IPL) will announce its fourth quarter and year end 2017 financial and operating results on February 15, 2018. A conference call and webcast has been scheduled for Friday February 16, 2018 at 9:00 a.m. (MT) (11:00 a.m. ET) for interested shareholders, analysts and media representatives. 

To participate in the conference call, please dial 1 844-413-0863 or 216-562-0455. A passcode is not required. A replay of the call will be available until February 26, 2018 by dialing 1-855-859-2056. The passcode for the replay is 1469808.

A live audio webcast of … Continue Reading

CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) — Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for January 2018. This dividend will be paid on or about February 15, 2018 to shareholders of record on January 22, 2018. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $4.4 billion in cash payments to investors. 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 … Continue Reading

CALGARY, Alberta, Dec. 20, 2017 (GLOBE NEWSWIRE) — Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today a $900 million capital expenditure program for 2018. Approximately $820 million, or 91 percent of total capital expenditures will be for organic growth initiatives, with the remaining $80 million invested for sustaining capital projects.

In 2018, the majority of Inter Pipeline’s growth capital program is expected to be directed towards engineering and construction activities for the Heartland Petrochemical Complex which was sanctioned on December 18, 2017. Smaller investments will be made to enhance the connectivity of Inter Pipeline’s oil sands transportation and conventional oil … Continue Reading