Pembina Pipeline Dividend yield

Pembina Pipeline is part of Gas Water and Multiutilities business, which is part of Utilities industry. Pembina Pipeline is a company from Canada, and his stocks are publicly traded.

Pembina Pipeline stock dividend

Pembina Pipeline paid a total dividend of 4,037 million CAD last year, for a market value of 23,100 millions (Market Cap 23,075 millions). Pembina Pipeline dividend per share is 7.34 CAD, and his stock market price 42.00 CAD.

According to the chart below, where dividend yield is displayed, Pembina Pipeline has a dividend yield of 17.48%, which is higher than the amount offered by both the market average and companies from Canada. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Pembina Pipeline stocks dividend with other Gas Water and Multiutilities companies or other of the high Canada dividend stocks list.

Pembina Pipeline Dividend Payout

About the ability of Pembina Pipeline to maintain his current dividend of CAD 7.34 per share, an amount that accounts for 17.48%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Pembina Pipeline payout on ernings is currently 137.97%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Pembina Pipeline can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Pembina Pipeline is CAD 5.32 per share, which is lower than the dividend per share paid by the company of CAD 7.34, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Pembina Pipeline, compared againt world market average, Canada companies, Utilities industry and Gas Water and Multiutilities sector companies.

Pembina Pipeline Dividend History

Below you will find a table with the historical evolution of Pembina Pipeline's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	CAD	Paypout	Shares*
Present	17.48%	7.34	137.97%	550
2022	5.68%	2.61	119.72%	550
2021	6.57%	2.52	-376.12%	550
2020	8.37%	2.52	98.82%	550
2019	4.99%	2.40	109.09%	547
2018	5.63%	2.28	121.93%	503
2017	4.75%	2.16	245.45%	501
2016	4.86%	1.92	184.62%	387
2015	5.97%	1.83	156.41%	340

*In millions

Then you can see the evolution of Pembina Pipeline dividend stock, and compare it with the average of Canada stocks and that of the Gas Water and Multiutilities stocks.

Pembina Pipeline Stock performance

Finally, last moth Pembina Pipeline showed a return of 0.60% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -9.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Canada and Gas Water and Multiutilities firms.