Pembina Pipeline Dividend Insights: Key Information Ahead of Jun 16, 2025 Ex-Dividend Date

CashCowFriday, Jun 13, 2025 1:06 am ET
1min read
Pembina Pipeline Corporation has announced a dividend of $0.510 per share, with the ex-dividend date set for Jun 16, 2025, and the payment date on Jun 30, 2025. This dividend is noticeably higher compared to the average of the last ten dividends, which stood at approximately $0.164 per share. The previous dividend was distributed on Mar 31, 2025, at $0.478 per share. This payout continues the company's trend of cash dividends, offering investors a stable income stream.

Recently, Pembina Pipeline has been at the center of several noteworthy developments. Over the past week, analysts indicated that the Royal Bank of Canada adjusted its price target for Pembina Pipeline shares from C$65.00 to C$62.00, reflecting their latest appraisal of market conditions. Moreover, Barclays reaffirmed a Buy rating on the company's stock, with Theresa Chen noting Pembina's strong position in the energy sector and a closing price of $37.96. The analyst consensus suggests a Moderate Buy rating with an average price target of $44.44, indicating optimism among market watchers. Additionally, the CEO of Pembina Pipeline expressed confidence in the demand for expanding the Cedar LNG project on the British Columbia coast, highlighting growth prospects for the firm.

Since the last update, Pembina Pipeline has demonstrated resilience in the market. With a one-year high of $43.44 and a low of $34.13, the company currently maintains an average volume of 1.25M shares. There has been positive insider sentiment, as evidenced by increased insider buying activity over the past quarter, signaling strong internal confidence in the company's future trajectory.

In conclusion, Pembina Pipeline continues to present robust dividend opportunities and promising growth prospects. Investors should note that the ex-dividend date is Jun 16, 2025. Purchases made on or before this date will qualify for the dividend, whereas transactions after this date will not be eligible for the current dividend payout.