Pembina Pipeline Dividend
Dividend criteria checks 5/6
Pembina Pipeline is a dividend paying company with a current yield of 5.4% that is well covered by earnings.
Key information
5.4%
Dividend yield
89%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$2.84 |
Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
Here'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 20We Think Pembina Pipeline (TSE:PPL) Is Taking Some Risk With Its Debt
Oct 06Is Pembina Pipeline Corporation (TSE:PPL) Trading At A 31% Discount?
Sep 20With EPS Growth And More, Pembina Pipeline (TSE:PPL) Makes An Interesting Case
Sep 01Stability 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) | 5.4% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.4% |
Industry Average (Oil and Gas) | 4.7% |
Analyst forecast in 3 Years (PPL) | 5.8% |
Notable Dividend: PPL's dividend (5.4%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: PPL's dividend (5.4%) is low compared to the top 25% of dividend payers in the Canadian market (6.41%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.6%), PPL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.8%), PPL's dividend payments are covered by cash flows.