Pembina Pipeline Corporation
PBNAFEnergy · Stock · quarterly payer
Forward Yield
6.51%
Annual Dividend
$1.19
Payout Ratio
—
5-Yr Growth
5.0%
Ex-Date
Aug 4, 2026
Frequency
Quarterly
Summary
As of July 2026, Pembina Pipeline Corporation (PBNAF) yields 6.51% ($1.19 per share annually), with a blended fair-value estimate of $27.45 — +72% upside, so it screens as undervalued. Dividend safety grade: C (55/100).
Is PBNAF a good dividend stock?
MixedPembina Pipeline Corporation (PBNAF) pays a quarterly dividend yielding 6.51% ($1.19/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
- 6.51%
- Payout Ratio
- —
- Annual Dividend
- $1.19
- 5-Yr Avg Growth
- 5.0%
- Ex-Dividend Date
- Aug 4, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.70
- Market Cap
- —
- P/E Ratio
- 9.0
- 5-Yr Total Return
- 10%
- 52-Week Range
- $16.00 – $18.20
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
PBNAF Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+47%
5 Years
+10%
52-Week Range
$16.00 – $18.20
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PBNAF worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Pembina Pipeline Corporation is $27.45 per share, versus a market price of $16.00. That implies 72% of upside — a margin of safety of about 42%.
Fair Value
$27.45
Current Price
$16.00
Upside
+72%
Margin of Safety
42%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.8% discount rate (CAPM), 4.9% stage-1 growth, 2.5% terminal growth, $1.77 EPS, $1.19 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PBNAF Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 1, 2026 | — | $0.3000 | regular |
| Aug 1, 2025 | — | $0.2940 | regular |
| May 1, 2025 | — | $0.2960 | regular |
| Feb 3, 2025 | — | $0.2810 | regular |
| Nov 1, 2024 | — | $0.2930 | regular |
| Aug 1, 2024 | — | $0.2950 | regular |
| Apr 30, 2024 | — | $0.2990 | regular |
| Jan 31, 2024 | — | $0.3040 | regular |
| Oct 31, 2023 | — | $0.2220 | regular |
| Jul 31, 2023 | — | $0.2310 | regular |
| Apr 28, 2023 | — | $0.2260 | regular |
| Jan 31, 2023 | — | $0.2290 | regular |
| Oct 31, 2022 | — | $0.2250 | regular |
| Sep 14, 2022 | — | $0.2330 | regular |
Income Calculator
At $1.19 / yr per share
