Pembina Pipeline Raises Quarterly Dividend
Pembina Pipeline increased its quarterly dividend to 0.525 per share, extending its dividend-growth streak to three years.
PBA — Pembina Pipeline Corporation
Pembina Pipeline Corporation (PBA) raised its quarterly dividend to 0.525 per share from 0.518 per share, a 1.35% increase, with the shares trading ex-dividend on June 15, 2026.
The new payout implies an annual dividend of 2.08 per share and a forward annual yield of 4.35%, based on a share price of 47.73. The increase marks Pembina's third consecutive year of dividend growth.
Pembina is an energy infrastructure company based in Calgary with pipeline, storage, terminal and midstream operations tied largely to Western Canadian oil and natural gas markets. Its history traces back to the Pembina pipeline system built to serve Alberta's Pembina oil field, and the company later expanded through acquisitions and midstream assets, according to a company background summary on Wikipedia.
The dividend move follows a period in which Pembina has been adding scale to its asset base. In 2024, the company closed the acquisition of Enbridge's interest in Alliance Pipeline and Aux Sable and lifted its earnings guidance, citing the contribution from the acquired assets and a stronger marketing-business outlook, according to The Wall Street Journal.
What it means for income investors
For income-focused holders, the announcement modestly increases the cash payment while keeping Pembina in a relatively high-yielding part of the dividend universe. The forward annual yield of 4.35% reflects both the new annualized payout and the stated share price.
The risk profile remains important. Pembina carries a dividend safety score of 49 out of 100, a D grade, and the company previously cut its dividend in 2018. Those factors do not negate the latest increase, but they frame it as a measured raise rather than a signal that payout risk has disappeared.
The key takeaway is straightforward: Pembina has lifted its quarterly dividend and extended its growth streak, but income investors tracking the stock will likely continue to weigh the higher payout against the company's stated dividend-safety profile and its record of a prior cut.
PBA dividend data
From the SmarterDividends dataset, updated daily
- Forward yield
- 4.14%
- Payout ratio
- 101%
- Growth streak
- 3 yrs
- Safety grade
- D · 49/100
| Ex-dividend date | Amount | Change |
|---|---|---|
| Sep 15, 2026 | $0.5290 | +0.8% |
| Jun 15, 2026 | $0.5250 | +1.4% |
| Mar 16, 2026 | $0.5180 | -1.0% |
| Jun 16, 2025 | $0.5230 | +9.0% |
| Mar 17, 2025 | $0.4800 | -1.0% |
| Dec 16, 2024 | $0.4850 | -4.5% |
| Sep 16, 2024 | $0.5080 | +1.0% |
| Jun 17, 2024 | $0.5030 | +1.4% |
Sources
See PBA's full dividend profile
Yield, payout, safety score, history and the next ex-dividend date.
View PBAEvery dividend increases this month, with the data behind it: Dividend Increases, June 2026.
More dividend news
Danaos Raises Quarterly Dividend 11.1% to $1.00
Danaos lifted its quarterly dividend 11.1% to $1.00, payable October 22, as strong liquidity and contracted revenue support shareholder returns.
American Financial Group Raises Dividend 10.2% to $0.97
American Financial Group raised its quarterly dividend 10.2% to $0.97, with the higher payout due October 23, 2026, as underwriting profit improved.
Intuit Raises Quarterly Dividend 15.0% to $1.38
Intuit’s new $1.38 quarterly dividend lifts its forward yield to 1.70%, backed by a 29% earnings payout ratio and a 14-year growth streak through 2026.
JPMorgan Raises Quarterly Dividend 10.0% to $1.65
JPMorgan’s quarterly dividend rises to $1.65, extending 15 years of growth, while a 26% earnings payout ratio supports an A safety grade.
Republic Services Raises Quarterly Dividend 7.2% to $0.67
Republic Services raised its quarterly dividend 7.2% to $0.67, extending a 22-year growth streak as its stronger 2026 cash-flow outlook supports coverage.
