Pembina Pipeline Corp (TSE:PPL) Announces Monthly Dividend of $0.20
Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) announced a monthly dividend on Thursday, June 6th, Zacks reports. Shareholders of record on Tuesday, June 25th will be paid a dividend of 0.20 per share on Monday, July 15th. This represents a $2.40 annualized dividend and a yield of 4.89%. The ex-dividend date is Monday, June 24th. This is a boost from Pembina Pipeline’s previous monthly dividend of $0.19.
Shares of Pembina Pipeline stock opened at C$49.03 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.50 and a debt-to-equity ratio of 55.61. The stock has a market cap of $25.04 billion and a price-to-earnings ratio of 21.96. Pembina Pipeline has a 1-year low of C$39.15 and a 1-year high of C$50.65.
Pembina Pipeline (TSE:PPL) (NYSE:PBA) last issued its quarterly earnings data on Thursday, May 2nd. The company reported C$0.55 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.59 by C($0.04). The business had revenue of C$1.97 billion for the quarter, compared to analysts’ expectations of C$2.09 billion. As a group, equities analysts anticipate that Pembina Pipeline will post 2.6416003 EPS for the current year.
About Pembina Pipeline
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. It operates through three divisions: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines division operates conventional, transmission, and oil sands and heavy oil pipeline assets with a total capacity of 3 million barrels of oil serving markets and basins across North America through conventional, transmission, and oil sand pipelines assets.
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