Bullboard - Stock Discussion Forum Pembina Pipeline Corp PMMBF

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

Energy Oil & Gas Midstream

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines... see more

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TSX:PPL - Post Discussion

Pembina Pipeline Corp > div increase

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Post by dondedondon on Jul 04, 2022 12:45pm

div increase

When is pembina div increase suppose to happen.

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Comment by JayBanks on Jul 04, 2022 2:24pm

If you go back through some news reports from early in the year they mentioned that they will increase the dividend half a cent per month upon the completion of either a transaction or project (I forget which it was)... Other than that they have no scheduled increases earmarked going forward which is somewhat disappointing. They do have a bunch of projects ongoing that should increase ...more

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Comment by darb on Jul 04, 2022 2:46pm

It was on the finalizing of the KKR consolidation, which I believe is to happen this month.

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Comment by darb on Jul 04, 2022 2:51pm

Specifically they stated the KKR deal is expected to close in the 3rd quarter.

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Comment by JayBanks on Jul 04, 2022 3:19pm

Thank you! I was gonna say 'by the fall' but I wasn't fully sure, I couldn't even remember what exactly it was hinged on lol It's like a 2.3% dividend increase, not exactly exciting for us... a 6-12% bump would feel more meaningful...

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Pembina Pipeline Corp