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Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL

Alternate Symbol(s):  T.PPL.P.O | T.PPL.P.Q | PMBPF | PBA | T.PPL.P.S | PPLAF | T.PPL.P.A | PBNAF | T.PPL.P.B | T.PPL.P.C | T.PPL.P.E | PPLOF | PMMBF | T.PPL.P.G | T.PPL.P.I

Pembina Pipeline Corp (Pembina) is a Canada-based energy transportation and midstream service provider. Pembina owns an integrated network of hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. It operates through three segments: Pipelines, Facilities and... see more

TSX:PPL - Post Discussion

Pembina Pipeline Corp > Weak dividend increase, should have been higher
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Post by Cheadle12 on Aug 18, 2022 2:22am

Weak dividend increase, should have been higher

could not even increase a full penny with the KKR deal.

.0075c, why did they not just make it a penny.   

Pembina Pipelied.
Comment by JayBanks on Aug 18, 2022 3:22am
Technically they haven't made this increase official yet, they just announced intension due to the transaction...  I too am holding out hope that they will top out the extra quarter penny and make it a clean cent... but they likely look at it from a yearly bases and that 0.0075 does = a clean 9 cents for the year which is a 3.4% increase... still underwhelming...
Comment by Divypro on Aug 18, 2022 10:21am
Dividend increase was small as they are using the excess funds from the deal to repurchase shares.
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