Pembina Pipeline Corporation
PPLAFEnergy · Stock · monthly payer
Forward Yield
6.47%
Annual Dividend
$1.20
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Aug 4, 2026
Frequency
Monthly
Summary
As of August 2026, Pembina Pipeline Corporation (PPLAF) yields 6.47% ($1.20 per share annually), with a blended fair-value estimate of $25.86 — +39% upside, so it screens as undervalued. Dividend safety grade: B (74/100). 2 years of dividend growth.
Is PPLAF a good dividend stock?
Yes, with caveatsPembina Pipeline Corporation (PPLAF) pays a monthly dividend yielding 6.47% ($1.20/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 6.47%
- Payout Ratio
- —
- Annual Dividend
- $1.20
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 4, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.70
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $17.90 – $20.05
- Dividend Safety
- B · 74/100
- Ever Cut?
- No
Frequently Asked Questions
PPLAF Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+50%
5 Years
—
52-Week Range
$17.90 – $20.05
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PPLAF worth?
Undervaluedlow confidenceOur blended fair-value estimate for Pembina Pipeline Corporation is $25.86 per share, versus a market price of $18.55. That implies 39% of upside — a margin of safety of about 28%.
Fair Value
$25.86
Current Price
$18.55
Upside
+39%
Margin of Safety
28%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.8% discount rate (CAPM), 5.0% stage-1 growth, 2.5% terminal growth, $1.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PPLAF Dividend Safety Score
Safe
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 | — | $0.3068 | regular |
| May 1, 2026 | — | $0.3066 | regular |
| May 1, 2026 | — | $0.3057 | regular |
| May 1, 2026 | — | $0.3057 | regular |
| May 1, 2026 | — | $0.3055 | regular |
| May 1, 2026 | — | $0.3053 | regular |
| May 1, 2026 | — | $0.3048 | regular |
| May 1, 2026 | — | $0.3047 | regular |
| May 1, 2026 | — | $0.3044 | regular |
| May 1, 2026 | — | $0.3041 | regular |
| May 1, 2026 | — | $0.3040 | regular |
| May 1, 2026 | — | $0.3040 | regular |
| May 1, 2026 | — | $0.3039 | regular |
| May 1, 2026 | — | $0.3038 | regular |
Income Calculator
At $1.20 / yr per share
