SmarterDividends
PBA

Pembina Pipeline Corporation

PBA

Energy · Stock · quarterly payer

Forward Yield

4.22%

Annual Dividend

$2.08

Payout Ratio

107%

5-Yr Growth

26.0%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

PBA Dividend Safety Score

49/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage107% of earnings paid out
Free-cash-flow coverage86% of free cash flow
Balance-sheet strengthDebt/equity of 0.82
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PBA a good dividend stock?

Mixed

Pembina Pipeline Corporation (PBA) pays a quarterly dividend yielding 4.22% ($2.08/yr), with 3 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 26.0% 5-yr dividend growth
  • 54% total price return over 5 years

Risks

  • Cut its dividend in 2018
  • Elevated payout ratio (107%)
  • Below-average dividend safety score

Key Data

Dividend Yield
4.22%
Payout Ratio
107%
Annual Dividend
$2.08
5-Yr Avg Growth
26.0%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
3
Frequency
quarterly
Beta
0.70
Market Cap
$28.6B
P/E Ratio
25.7
5-Yr Total Return
54%
52-Week Range
$35.45 – $50.10
Dividend Safety
D · 49/100
Ever Cut?
Yes (2018)
PBA ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.08 / yr per share

Per payment (quarterly)$52.00
Annual$208.00
Monthly avg$17.33