Pembina Pipeline Boosts Dividend to CAD 0.71, a 2.9% Increase

Pembina Pipeline has raised its quarterly dividend by 2.9% to CAD 0.71 per share. The new dividend is payable on June 30 for shareholders of record on June 16, and ex-dividend on June 16. This increase marks the latest move in Pembina's efforts to maintain a strong dividend payout for its shareholders.

Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) has announced a significant increase in its quarterly dividend, raising it by 2.9% to CAD 0.71 per share. The new dividend will be payable on June 30, 2025, to shareholders of record on June 16, 2025, with an ex-dividend date of June 16, 2025 [1].

The dividend increase is part of Pembina's ongoing strategy to maintain a strong dividend payout for its shareholders. The company has been consistently raising its dividend, reflecting its solid financial performance and commitment to shareholder returns.

In the first quarter of 2025, Pembina reported earnings of CAD 502 million, adjusted EBITDA of CAD 1,167 million, and adjusted cash flow from operating activities of CAD 777 million per share [1]. The company remains confident in its full-year outlook, trending towards the midpoint of its 2025 adjusted EBITDA guidance range of CAD 4.2 billion to CAD 4.5 billion [1].

Pembina's strong financial performance and dividend increase come amidst a challenging global economic environment. The company has been able to navigate these challenges effectively, maintaining its focus on growth across the Canadian energy industry and diversifying its end-market exposure to enhance resilience.

The dividend increase is a positive development for shareholders, signaling Pembina's confidence in its financial prospects and its commitment to returning value to its investors.

References:
[1] Pembina Pipeline Corporation. (2025). Pembina Pipeline Corporation Announces First Quarter 2025 Financial and Operating Results. Retrieved from https://www.pembina.com/media-centre/news/details/766151d6-1de3-4f1b-a1ee-e86d67946563