The reconstituted Board has suspended Inter Pipeline’s monthly cash dividend, commencing with the September dividend.
Inter Pipeline shareholders who tender to the Offer will remain eligible to receive the August cash dividend.1
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1Inter Pipeline shareholders who tender to the Offer will remain eligible to receive Inter Pipeline’s dividend of $0.04 per Inter Pipeline share that will be paid on or about September 15, 2021 to shareholders of record on August 23, 2021. Please see Brookfield Infrastructure Partners’ full press release here.
Inter Pipeline 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 have been suspended and will not be in effect for any future dividends declared, until further notice. Shareholders who had been participating in either component of the DRIP would have received the full cash dividend declared beginning with the May 2020 payment.
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