SmarterDividends
PBNAF

Pembina Pipeline Corporation

PBNAF

Energy · Oil & Gas Midstream · Stock · quarterly payer

$17.90

Undervalued · +49% Add to Portfolio

Forward Yield

6.50%

Annual Dividend

$1.16

Payout Ratio

—

5-Yr Growth

5.0%

Ex-Date

Nov 2, 2026

Frequency

Quarterly

Key facts about PBNAF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Pembina Pipeline Corporation (PBNAF) has a forward dividend yield of 6.50%, based on an annual dividend of $1.16 per share and a share price of $17.90.
  • As of Oct 27, 2026, PBNAF's dividend safety grade from SmarterDividends is C (55 out of 100), which rates the dividend as borderline.
  • PBNAF last cut its regular dividend in 2023.
  • PBNAF's next ex-dividend date is Nov 2, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
  • PBNAF's dividend has grown at an average rate of 5.0% a year over the past five years.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for PBNAF is $26.73 per share, 49% above the $17.90 share price, so PBNAF screens as undervalued.
  • Pembina Pipeline Corporation (PBNAF) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "PBNAF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/PBNAF

Summary

As of Oct 27, 2026, Pembina Pipeline Corporation (PBNAF) yields 6.50% ($1.16 a year per share) and has a dividend safety grade of C (55/100).

Is PBNAF a good dividend stock?

Mixed

Pembina Pipeline Corporation (PBNAF) pays a quarterly dividend yielding 6.50% ($1.16/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023

    Key Data

    Dividend Yield
    6.50%
    Payout Ratio
    —
    Annual Dividend
    $1.16
    5-Yr Avg Growth
    5.0%
    Ex-Dividend Date
    Nov 2, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.75
    Market Cap
    —
    P/E Ratio
    10.1
    5-Yr Total Return
    1%
    52-Week Range
    $17.54 – $18.20
    Dividend Safety
    C · 55/100
    Ever Cut?
    Yes (2023)

    PBNAF dividend changes

    Pembina Pipeline Corporation (PBNAF) pays a variable dividend: across the 30 payments on record since 2019, 11 were higher than the one before and 11 lower. The latest change was down 3.3% to $0.290 per share, going ex-dividend on Aug 4, 2026.

    Ex-dateChangeOld → newMove
    Aug 4, 2026Lower$0.300 → $0.290−3.3%
    May 1, 2026Higher$0.294 → $0.300+2.0%
    May 1, 2025Higher$0.281 → $0.296+5.3%
    Feb 3, 2025Lower$0.293 → $0.281−4.1%
    Aug 1, 2024Lower$0.299 → $0.295−1.3%
    Apr 30, 2024Lower$0.304 → $0.299−1.6%
    Jan 31, 2024Higher$0.222 → $0.304+36.9%
    Oct 31, 2023Lower$0.231 → $0.222−3.9%
    Jul 31, 2023Higher$0.226 → $0.231+2.2%
    Apr 28, 2023Lower$0.229 → $0.226−1.3%
    Jan 31, 2023Higher$0.225 → $0.229+1.8%
    Oct 31, 2022Lower$0.233 → $0.225−3.4%
    Every PBNAF payment →Download every raise and cut (CSV)
    PBNAF ex-dividend date & scheduleNext ex-date Nov 2, 2026 · full ex-dividend historyView →PBNAF dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is PBNAF a good dividend stock?

    Mixed. Pembina Pipeline Corporation (PBNAF) pays a quarterly dividend yielding 6.50% ($1.16/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is PBNAF undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PBNAF's fair value is about $26.73 versus a $17.90 share price — so it looks undervalued (+49% vs. fair value).

    Is PBNAF's dividend safe?

    PBNAF has a dividend-safety grade of C (55/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is PBNAF's fair value?

    Our blended fair-value estimate for PBNAF is about $26.73 per share, roughly 49% above the current $17.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is PBNAF a buy, hold, or sell?

    We don't issue formal ratings, but on the data PBNAF screens as "mixed" and undervalued. Pembina Pipeline Corporation (PBNAF) pays a quarterly dividend yielding 6.50% ($1.16/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will PBNAF cut its dividend?

    PBNAF earns a dividend-safety grade of C (55/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does PBNAF pay a dividend?

    Yes. Pembina Pipeline Corporation pays a quarterly dividend of about $1.16 per share annually, a forward yield of roughly 6.50%.

    What is PBNAF's dividend yield?

    As of Oct 27, 2026, PBNAF's forward dividend yield is 6.50%, based on a $1.16 annual dividend and a $17.90 share price.

    What is PBNAF's dividend per share?

    As of Oct 27, 2026, PBNAF pays $1.16 per share per year, distributed on a quarterly basis.

    How many years has PBNAF grown its dividend?

    PBNAF does not currently have a long dividend-growth streak on record.

    When is the next PBNAF ex-dividend date?

    As of Oct 27, 2026, the next ex-dividend date on record for PBNAF is Nov 2, 2026.

    Income Calculator

    At $1.16 / yr per share

    Per payment (quarterly)$29.00
    Annual$116.00
    Monthly avg$9.67

    Similar Dividend Stocks

    XOMXOMExxonMobil Holdings Corporation2.23%24 yrCVXCVXChevron Corporation3.07%38 yrPCCYFPCCYFPetroChina Company Limited6.08%EnergySHELSHELShell plc2.92%Energy

    Compare PBNAF

    PBNAF vs XOMPBNAF vs CVXPBNAF vs PCCYFPBNAF vs SHEL

    Explore more

    Lists and tools related to PBNAF