Pembina Pipeline Corporation

TSX:PPL Stock Report

Market Cap: CA$34.4b

Pembina Pipeline Dividends and Buybacks

Dividend criteria checks 5/6

Pembina Pipeline is a dividend paying company with a current yield of 4.65% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 16th December, 2024.

Key information

4.6%

Dividend yield

-0.03%

Buyback Yield

Total Shareholder Yield4.6%
Future Dividend Yield4.9%
Dividend Growth3.8%
Next dividend pay date31 Dec 24
Ex dividend date16 Dec 24
Dividend per shareCA$2.760
Payout ratio83%

Recent dividend and buyback updates

Pembina Pipeline (TSE:PPL) Will Pay A Larger Dividend Than Last Year At CA$0.69

May 14
Pembina Pipeline (TSE:PPL) Will Pay A Larger Dividend Than Last Year At CA$0.69

Recent updates

We Think Pembina Pipeline's (TSE:PPL) Robust Earnings Are Conservative

Nov 15
We Think Pembina Pipeline's (TSE:PPL) Robust Earnings Are Conservative

Earnings Miss: Pembina Pipeline Corporation Missed EPS By 17% And Analysts Are Revising Their Forecasts

Nov 08
Earnings Miss: Pembina Pipeline Corporation Missed EPS By 17% And Analysts Are Revising Their Forecasts

Subdued Growth No Barrier To Pembina Pipeline Corporation's (TSE:PPL) Price

Aug 31
Subdued Growth No Barrier To Pembina Pipeline Corporation's (TSE:PPL) Price

These 4 Measures Indicate That Pembina Pipeline (TSE:PPL) Is Using Debt Reasonably Well

Aug 16
These 4 Measures Indicate That Pembina Pipeline (TSE:PPL) Is Using Debt Reasonably Well

An Intrinsic Calculation For Pembina Pipeline Corporation (TSE:PPL) Suggests It's 33% Undervalued

Jul 16
An Intrinsic Calculation For Pembina Pipeline Corporation (TSE:PPL) Suggests It's 33% Undervalued

Pembina Pipeline (TSE:PPL) Will Pay A Larger Dividend Than Last Year At CA$0.69

May 14
Pembina Pipeline (TSE:PPL) Will Pay A Larger Dividend Than Last Year At CA$0.69

Here's Why Pembina Pipeline (TSE:PPL) Can Manage Its Debt Responsibly

May 02
Here's Why Pembina Pipeline (TSE:PPL) Can Manage Its Debt Responsibly

Getting In Cheap On Pembina Pipeline Corporation (TSE:PPL) Is Unlikely

Apr 14
Getting In Cheap On Pembina Pipeline Corporation (TSE:PPL) Is Unlikely

Is There An Opportunity With Pembina Pipeline Corporation's (TSE:PPL) 35% Undervaluation?

Dec 20
Is There An Opportunity With Pembina Pipeline Corporation's (TSE:PPL) 35% Undervaluation?

Upcoming Dividend Payment

TodayNov 21 2024Ex Dividend DateDec 16 2024Dividend Pay DateDec 31 202415 days from Ex DividendBuy in the next 24 days to receive the upcoming dividend

Stability 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
How does PPL dividend yield compare to the market?
SegmentDividend Yield
Company (PPL)4.6%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.1%
Industry Average (Oil and Gas)4.4%
Analyst forecast (PPL) (up to 3 years)4.9%

Notable Dividend: PPL's dividend (4.65%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).

High Dividend: PPL's dividend (4.65%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (82.8%), PPL's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (70.4%), PPL's dividend payments are covered by cash flows.


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