Finance Friday... Pembina

 Here is another company that is well established and currently pays 5.75% yield at $28.50. It seems a little pricey but around $26 it would look tempting. Pembina is a Canada based company and as such you will be subject to Canadian withholding tax of 15% but that is recoverable when you file your 1040 at year end. Bounce it off your adviser and see what he thinks, or do more due diligence on your own. Any stock can lose value. See some basic information below. The symbol to trade on U.S. exchanges in PBA.
(An added note... since I wrote this early this week PBA has gone up quite a bit so there may be a wait for the $26. Hang in there.)

We are a reliable energy transportation and service provider and a trusted member of the community.

pipWith nearly 60 years experience, Calgary-based Pembina is a well-managed and responsible transportation and service provider to North America’s energy industry. We've leveraged our strong record of profitable growth to expand beyond our core business of operating conventional crude oil and natural gas liquids feeder pipelines. Today, our company also provides a full spectrum of midstream and marketing services, gas gathering and processing, as well as transportation support to Alberta’s oil sands industry.

Pembina's experienced employees are committed to creating investor value through operational excellence: running our businesses in a safe, environmentally responsible manner that is respectful of our community stakeholders. Our goal? To be the operator, employer, neighbour and investment of choice in North America's energy infrastructure sector.

Making Connections — it’s what we do.

designated as "eligible dividends" for Canadian income tax purposes.

Dividendcalendar

Declaration Date1	Ex-Dividend Date2	Record Date3	Payment Date4	Amount per Share
December 7, 2012	December 27, 2012	December 31, 2012	January 15, 2013	$0.135
November 8, 2012	November 21, 2012	November 25, 2012	December 14, 2012	$0.135
October 11, 2012	October 23, 2012	October 25, 2012	November 15, 2012	$0.135
September 6, 2012	September 21, 2012	September 25, 2012	October 15, 2012	$0.135
August 9, 2012	August 22, 2012	August 25, 2012	September 14, 2012	$0.135
July 9, 2012	July 23, 2012	July 25, 2012	August 15, 2012	$0.135
June 8, 2012	June 21, 2012	June 25, 2012	July 13, 2012	$0.135
May 9, 2012	May 23, 2012	May 25, 2012	June 15, 2012	$0.135
April 12, 2012	April 23, 2012	April 25, 2012	May 15, 2012	$0.135
March 12, 2012	March 21, 2012	March 25, 2012	April 13, 2012	$0.13
February 15, 2012	February 22, 2012	February 25, 2012	March 15, 2012	$0.13
January 12, 2012	January 23, 2012	January 25, 2012	February 15, 2012	$0.13

1. Declaration date is minimum five business days before ex-dividend date.

link... http://www.pembina.com/pembina/webcms.nsf/0/63C55CEAD322C1C187257781005FCD47?opendocument

Posted by Ken....for general information only.