Pembina Pipeline Corp (PBA) to Distribute Nov 19 Dividend of $0.20 on December 13th

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Pembina Pipeline Corp (NYSE:PBA) (TSE:PPL) declared a nov 19 dividend on Friday, November 8th, RTT News reports. Stockholders of record on Monday, November 25th will be given a dividend of 0.20 per share by the pipeline company on Friday, December 13th.

Pembina Pipeline stock opened at $35.57 on Friday. The stock’s 50-day moving average is $35.99 and its 200-day moving average is $36.49. The company has a market cap of $18.13 billion, a price-to-earnings ratio of 20.10, a price-to-earnings-growth ratio of 3.42 and a beta of 0.73. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.90 and a quick ratio of 0.62. Pembina Pipeline has a 12 month low of $28.30 and a 12 month high of $38.56.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last released its quarterly earnings data on Friday, November 1st. The pipeline company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.07. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.78 billion. Pembina Pipeline had a return on equity of 14.01% and a net margin of 23.79%. The company’s quarterly revenue was down 16.9% compared to the same quarter last year. During the same period last year, the business posted $0.39 EPS. Research analysts anticipate that Pembina Pipeline will post 2.07 EPS for the current year.

Several equities research analysts recently commented on PBA shares. Zacks Investment Research downgraded Pembina Pipeline from a “buy” rating to a “hold” rating in a report on Thursday. ValuEngine upgraded Pembina Pipeline from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. CIBC reiterated a “buy” rating on shares of Pembina Pipeline in a report on Monday, November 4th. Finally, Credit Suisse Group set a $58.00 target price on Pembina Pipeline and gave the company a “buy” rating in a report on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $49.00.

About Pembina Pipeline

Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. It operates through three divisions: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines division operates conventional, transmission, and oil sands and heavy oil pipeline assets with a total capacity of 3 million barrels of oil serving markets and basins across North America through conventional, transmission, and oil sand pipelines assets.

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Dividend History for Pembina Pipeline (NYSE:PBA)

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