|Bid||17.93 x 0|
|Ask||18.00 x 0|
|Day's Range||17.85 - 18.01|
|52 Week Range||9.55 - 18.61|
|Beta (5Y Monthly)||2.31|
|PE Ratio (TTM)||21.38|
|Earnings Date||May 06, 2021|
|Forward Dividend & Yield||0.48 (2.67%)|
|Ex-Dividend Date||Apr 21, 2021|
|1y Target Est||17.50|
Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) announced today the declaration of a cash dividend of $0.04 per share for April 2021. This dividend will be paid on or about May 14, 2021 to shareholders of record on April 22, 2021. This dividend is designated as an "eligible dividend" for Canadian tax purposes.
Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) announced today it will report first quarter 2021 operating and financial results under a new business structure to align with how it manages budgets and commercially operates its business. Inter Pipeline was previously organized into four businesses: oil sands transportation, conventional oil pipelines, NGL processing and bulk liquid storage. Effective January 1, 2021, these four segments have been repositioned into four new segments: transportation, facilities infrastructure, marketing and new ventures.
Canada's Inter Pipeline Ltd, which is fighting a hostile takeover bid by Brookfield Infrastructure Partners, said on Monday it will receive a C$408 million ($325.15 million) grant from the Alberta government in support of its Heartland Petrochemical Complex. The grant will be made under the Alberta Petrochemicals Incentive Program, introduced by the government to attract investment in petrochemical plants in the province. Inter's C$4 billion Heartland complex near Edmonton, Alberta, is due to start operating in 2022.