Pembina Pipeline Dividends and Buybacks
Dividend criteria checks 5/6
Pembina Pipeline is a dividend paying company with a current yield of 4.6% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 1st November, 2024.
Key information
4.6%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 3.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 01 Nov 24 |
| Dividend per share | CA$2.760 |
| Payout ratio | 83% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PPL.PRC's dividends per share have been stable in the past 10 years.
Growing Dividend: PPL.PRC'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.PRC) | 4.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast (PPL.PRC) (up to 3 years) | 4.9% |
Notable Dividend: PPL.PRC's dividend (4.6%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: PPL.PRC's dividend (4.6%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.8%), PPL.PRC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.4%), PPL.PRC's dividend payments are covered by cash flows.