Dividends & DRIP Print Page

Inter Pipeline currently pays a monthly cash dividend of $0.04 per share on its common shares to shareholders.

Inter Pipeline has suspended its Premium DividendTM and Dividend Reinvestment Plan (DRIP) as at March 30, 2020. Both the dividend reinvestment and premium dividend components of the DRIP will not be in effect for any future dividends declared, until further notice. Shareholders who have been participating in either component of the DRIP will receive the full cash dividend declared beginning with the May 2020 payment.

The following table details the recent dividend and DRIP history of Inter Pipeline. To view historical dividend and DRIP history, please click here.

20201

Dividend

Premium DividendTM & DRIP

Ex-Dividend Date2

Record Date

Payment Date

Dividend

Premium DRIP Per Share3

(101% of Dividend)

Weighted Average Share Price4

(DRIP Share Price)

21-Jan-2020

22-Jan-2020

14-Feb-2020

$0.1425

$0.1439

$21.8623

21-Feb-2020

24-Feb-2020

16-Mar-2020

$0.1425

$0.1439 $17.3796

20-Mar-2020

23-Mar-2020

15-Apr-2020

$0.1425

$0.1439 $8.9296

21-Apr-2020

22-Apr-2020

15-May-2020

$0.04

- -

22-May-2020

25-May-2020

15-Jun-2020

$0.04

- -

19-Jun-2020

22-Jun-2020

15-Jul-2020

$0.04

- -

21-Jul-2020

22-Jul-2020

14-Aug-2020

$0.04

- -

20-Aug-2020

21-Aug-2020

15-Sept-2020

$0.04

- -

21-Sept-2020

22-Sept-2020

15-Oct-2020

$0.04

- -

21-Oct-2020

22-Oct-2020

16-Nov-2020

-

- -

20-Nov-2020

 23-Nov-2020

15-Dec-2020

-

- -

21-Dec-2020

22-Dec-2020

15-Jan-2020

-

-

-

1All future dividends are subject to approval by the Board of Directors – for informational purposes only. 

2Shareholders must purchase shares before the ex-dividend date in order to receive the common share dividend paid in the following month.

3Premium component of the plan previously reinstated with the October 2016 dividend; Premium Dividend and DRIP was suspended as at March 30, 2020. 

4DRIP discount previously set at 0%; Premium Dividend and DRIP was suspended as at March 30, 2020.