Veresen Announces Common Share Dividend for April 2017

April 20, 2017

Veresen Inc. ("Veresen") (TSX:VSN) announces that its Board of Directors has declared a cash dividend for April 2017 of $0.0833 per common share. The dividend will be paid on May 23, 2017 to shareholders of record at the close of business on April 28, 2017. This dividend is designated an "eligible dividend" for Canadian income tax purposes.

About Veresen Inc.

Veresen is a publicly-traded dividend paying corporation based in Calgary, Alberta that owns and operates energy infrastructure assets across North America. Veresen is engaged in three principal businesses: a pipeline transportation business comprised of interests in the Alliance Pipeline, the Ruby Pipeline and the Alberta Ethane Gathering System; a midstream business which includes a partnership interest in Veresen Midstream Limited Partnership which owns assets in western Canada, and an ownership interest in Aux Sable which owns a world-class natural gas liquids (NGL) extraction facility near Chicago and other natural gas and NGL processing infrastructure; and a power business comprised of a portfolio of assets in Canada. Veresen is also working to advance Jordan Cove LNG, a 7.8 million tonne per annum natural gas liquefaction facility proposed to be constructed in Coos Bay, Oregon, and the associated Pacific Connector Gas Pipeline. In the normal course of business, Veresen regularly evaluates and pursues acquisition and development opportunities.

Veresen's Common Shares, Cumulative Redeemable Preferred Shares, Series A, Cumulative Redeemable Preferred Shares, Series C, and Cumulative Redeemable Preferred Shares, Series E trade on the Toronto Stock Exchange under the symbols "VSN", "VSN.PR.A", "VSN.PR.C" and "VSN.PR.E", respectively.

For more information:


Livingston Place - Ste 440
Calgary, Alberta
Canada, T2P 0B4
Tel: 403-296-0140

Mark Chyc-Cies
Investor Relations Director
Tel: (403) 213-3633
E-mail: investor-relations@vereseninc.com

Link http://www.electricenergyonline.com/detail_news.php?ID=633188
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