Pembina Pipeline Dividend
Dividend criteria checks 5/6
Pembina Pipeline is a dividend paying company with a current yield of 4.98% that is well covered by earnings.
Key information
5.0%
Dividend yield
82%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$2.760 |
| Earnings per share | CA$3.14 |
| Dividend yield forecast | 5.3% |
Recent dividend updates
Recent updates
Subdued Growth No Barrier To Pembina Pipeline Corporation's (TSE:PPL) Price
Aug 31
These 4 Measures Indicate That Pembina Pipeline (TSE:PPL) Is Using Debt Reasonably Well
Aug 16An Intrinsic Calculation For Pembina Pipeline Corporation (TSE:PPL) Suggests It's 33% Undervalued
Jul 16Pembina Pipeline (TSE:PPL) Will Pay A Larger Dividend Than Last Year At CA$0.69
May 14Here's Why Pembina Pipeline (TSE:PPL) Can Manage Its Debt Responsibly
May 02Getting In Cheap On Pembina Pipeline Corporation (TSE:PPL) Is Unlikely
Apr 14Is There An Opportunity With Pembina Pipeline Corporation's (TSE:PPL) 35% Undervaluation?
Dec 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PPL's dividends per share have been stable in the past 10 years.
Growing Dividend: PPL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Pembina Pipeline Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PPL) | 5.0% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 5.9% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast (PPL) (up to 3 years) | 5.3% |
Notable Dividend: PPL's dividend (4.98%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).
High Dividend: PPL's dividend (4.98%) is low compared to the top 25% of dividend payers in the Canadian market (5.85%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.4%), PPL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.6%), PPL's dividend payments are covered by cash flows.