Pembina Pipeline Dividend
Dividend criteria checks 5/6
Pembina Pipeline is a dividend paying company with a current yield of 5.41% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 30th April, 2024.
Key information
5.4%
Dividend yield
89%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | 03 Jun 24 |
Ex dividend date | 30 Apr 24 |
Dividend per share | n/a |
Earnings per share | CA$2.84 |
Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PPL.PRA's dividends per share have been stable in the past 10 years.
Growing Dividend: PPL.PRA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Pembina Pipeline Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PPL.PRA) | 5.4% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Oil and Gas) | 4.8% |
Analyst forecast in 3 Years (PPL.PRA) | 5.8% |
Notable Dividend: PPL.PRA's dividend (5.41%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: PPL.PRA's dividend (5.41%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.6%), PPL.PRA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.8%), PPL.PRA's dividend payments are covered by cash flows.