RE:RE:RE:RE:Wake Up TimeThe info you listed is for PPL.PR.A (series 1). I bought PPL.PF.A.TO (Series 21) which is fixed rate (CGOV5YR+3.26%) and a minimum floor of 4.90% on par at every reset. The last reset on this one was back in March to yield 6.302% at par, good until Mar1 2028. It is currently trading at ~19 so do the math. See relevant info from the prospectus...
>>>The Annual Fixed Dividend Rate for the ensuing Subsequent Fixed Rate Period will be determined by the Corporation on the Fixed Rate Calculation Date (as defined herein) and will be equal to the sum of the Government of Canada Yield (as defined herein) on the Fixed Rate Calculation Date plus a spread of 3.26%, provided that, in any event, such rate shall not be less than 4.90%. This spread will remain unchanged over the life of the Series 21 Shares
https://www.pembina.com/investors/stock-dividend