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Pembina Pipeline Corp T.PPL

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

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 Marketing & New Ventures. The Pipelines segment provides customers with pipeline transportation, terminalling, storage and rail services in key market hubs in Canada and the United States for crude oil, condensate, natural gas liquids and natural gas. The Facilities segment includes infrastructure that provides Pembina's customers with natural gas, condensate and Natural gas liquid (NGL) services. The Marketing & New Ventures segment undertakes value-added commodity marketing activities, including buying and selling products and optimizing storage opportunities.


TSX:PPL - Post by User

Bullboard Posts
Comment by whodathunkiton Mar 10, 2011 4:34pm
367 Views
Post# 18267720

RE: More Oil=More Rent=More Dividend

RE: More Oil=More Rent=More DividendPembina's 2011 capital spending plan reflects strong growthopportunities that expand on existing operations in each of itsbusinesses and supports its plan to maintain current dividends of $1.56per share per year to investors through 2013 (see "Forward-LookingStatements & Information").

Your previous post said that you expect a dividend increase this year.  What part of the above statement taken from their most recent press release makes you believe that there will be an increase before 2014?

Don't get me wrong, I'm a big fan of PPL, but there is little to no hope for an increased payout.  This is one of my core holdings and I will hang on to it for many years to come but the only thing I am expecting is a slow capital gain and a steady dividend.

Cheers.
Bullboard Posts