Pembina Pipeline Corp T.PPL

Is PPL DRIP eligible?

[greenonions89]

I have seen conflicting information in different places...

Here it says it is: https://www.rbcdirectinvesting.com/drip-list.html

But here it says that it was suspended on March 7, 2017: https://www.pembina.com/investors/stock-dividend/

[Antonyius]

I would go buy the Pembina website and say no it's still suspended.

[FairMount]

Eligible. I have been receiving DRIP shares

[greenonions89]

Thanks for your response.  Weird that it says different things in different places.  Are you receiving a drip discount too? On the following site it says at one point they were offering a 5% discount - perhaps it was only the discount that was discontinued. https://www.dripprimer.ca/canadiandriplist

[FairMount]

I don't think there's any discount. DRIP price is an average of closing price in previous 30 days(?)

[hawk35]

Hi greenionions89.  The PPL drip is still suspended. Some investment houses like RBC offer a drip service where the bank automatically converts your dividend into shares.   They don't charge a fee for this and there is no discount offered. 

[greenonions89]

Great, thanks!  That makes sense.