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Pembina Pipeline Corporation Dividends

PBA Stock Analysis

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Section title

Dividend Yield
4.91%
Payout Ratio
61%
Dividend Amount Per Share
$2.69
Last Ex-Dividend Date
Sep 16, 2024

PBA Dividend Safety

PBA paid out 61% of its $2B earnings as dividends over the last 12 months.

Very Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

PBA's Dividend Payout Ratio of 61% is considered safe for the Energy sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

PBA's Interest Coverage Ratio of 4.426 indicates strong financial health with easy coverage of interest expenses.

Income Quality

PBA shows excellent income quality with a ratio of 1.475. This indicates high-quality earnings and low risk of dividend cuts.

PBA Dividend Growth

Pembina Pipeline Corporation(PBA) offers a dividend yield of 4.91% and pays $2.69 in dividends per share. Explore the historical dividend growth of PBA.

Dividend Stability

PBA has shown inconsistent dividend payments over the past 10 years with 4 cuts over 5%.

Dividend Growth

PBA's dividend payments have increased by 27.448% annually over the last 5 years.

Earnings Growth

PBA's earnings have shown moderate growth, growing by 3.546% annually over the last 5 years. Moderate growth indicates some stability but also potential uncertainty, suggesting that while dividends can continue, significant increases might be less likely.

PBA Dividend Yield Attractiveness

Pembina Pipeline Corporation(PBA) provides a dividend yield of 4.91%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

PBA

Peers

Sector

Industry

4.91%

5.05%

5.72%

5.92%

Dividend Yield

PBA's dividend yield of 4.91% is considered good compared to the sector average of 5.715%, providing a strong safety margin for investors.

PBA Cash Flow

Over the past 12 months, PBA generated $9B in revenue, produced $2B in free cash flow, and distributed $2B in dividends.

100%75%50%25%0%

Free Cash Flow Growth

PBA's free cash flow has grown by 17.822% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

PBA Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Pembina Pipeline Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.