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Pembina Pipeline (Pembina Pipeline) Dividend Payout Ratio : 0.79 (As of Dec. 2023)


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What is Pembina Pipeline Dividend Payout Ratio?

Pembina Pipeline's dividend payout ratio for the months ended in Dec. 2023 was 0.79.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pembina Pipeline Corp is 1.01, which seems too high.

The historical rank and industry rank for Pembina Pipeline's Dividend Payout Ratio or its related term are showing as below:

PBA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.06   Max: 1.88
Current: 1.01


During the past 13 years, the highest Dividend Payout Ratio of Pembina Pipeline was 1.88. The lowest was 0.74. And the median was 1.06.

PBA's Dividend Payout Ratio is ranked worse than
81.46% of 453 companies
in the Oil & Gas industry
Industry Median: 0.44 vs PBA: 1.01

As of today (2024-04-30), the Dividend Yield % of Pembina Pipeline is 5.55%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Pembina Pipeline was 10.21%. The lowest was 3.23%. And the median was 4.96%.

Pembina Pipeline's Dividends per Share for the months ended in Dec. 2023 was $0.50.

During the past 12 months, Pembina Pipeline's average Dividends Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Pembina Pipeline was 12.40% per year. The lowest was 1.00% per year. And the median was 3.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Pembina Pipeline Dividend Payout Ratio Historical Data

The historical data trend for Pembina Pipeline's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pembina Pipeline Dividend Payout Ratio Chart

Pembina Pipeline Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 1.58 0.95 0.77 1.00

Pembina Pipeline Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 1.08 1.14 1.14 0.79

Competitive Comparison of Pembina Pipeline's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Pembina Pipeline's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pembina Pipeline's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pembina Pipeline's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Pembina Pipeline's Dividend Payout Ratio falls into.



Pembina Pipeline Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Pembina Pipeline's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.979/ 1.971
=1.00

Pembina Pipeline's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.498/ 0.633
=0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pembina Pipeline (NYSE:PBA) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Pembina Pipeline Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Pembina Pipeline's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pembina Pipeline (Pembina Pipeline) Business Description

Address
585 - 8th Avenue S.W., Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.