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Bullboard - Stock Discussion Forum Pembina Pipeline Corp 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 | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

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

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.