SmarterDividends
PPLAF

Pembina Pipeline Corporation

PPLAF

Energy · Oil & Gas Midstream · Stock · quarterly payer

$18.60

Undervalued · +38% Add to Portfolio

Forward Yield

6.54%

Annual Dividend

$1.22

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Nov 2, 2026

Frequency

Quarterly

Key facts about PPLAF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Pembina Pipeline Corporation (PPLAF) has a forward dividend yield of 6.54%, based on an annual dividend of $1.22 per share and a share price of $18.60.
  • As of Oct 27, 2026, PPLAF's dividend safety grade from SmarterDividends is B (71 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Pembina Pipeline Corporation (PPLAF) has raised its dividend for 2 consecutive years as of Oct 27, 2026.
  • PPLAF has never cut its regular dividend in the payment history SmarterDividends has on record.
  • PPLAF'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.
  • As of Oct 27, 2026, PPLAF's 6.54% yield is 26% above its five-year average yield of 5.20%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for PPLAF is $25.60 per share, 38% above the $18.60 share price, so PPLAF screens as undervalued.
  • Pembina Pipeline Corporation (PPLAF) pays its dividend quarterly, 4 times a year.
  • Pembina Pipeline Corporation (PPLAF) has raised its regular dividend 1 time and cut it 0 times across the 16 payments on record since 2022. Its most recent change was a 49.0% increase to $0.304 per share, going ex-dividend on Aug 1, 2024.
Cite this page

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

Summary

As of Oct 27, 2026, Pembina Pipeline Corporation (PPLAF) yields 6.54% ($1.22 a year per share), has a dividend safety grade of B (71/100) and has 2 consecutive years of dividend increases on record.

Is PPLAF a good dividend stock?

Yes, with caveats

Pembina Pipeline Corporation (PPLAF) pays a quarterly dividend yielding 6.54% ($1.22/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
6.54%
Payout Ratio
—
Annual Dividend
$1.22
5-Yr Avg Growth
—
Ex-Dividend Date
Nov 2, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.75
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$17.90 – $18.89
Dividend Safety
B · 71/100
Ever Cut?
No

PPLAF dividend raises and cuts

Pembina Pipeline Corporation (PPLAF) has raised its regular dividend 1 time and cut it 0 times across the 16 payments on record since 2022. Its most recent change was a 49.0% increase to $0.304 per share, going ex-dividend on Aug 1, 2024.

Ex-dateChangeOld → newMove
Aug 1, 2024Raise$0.204 → $0.304+49.0%
Every PPLAF payment →Download every raise and cut (CSV)
PPLAF ex-dividend date & scheduleNext ex-date Nov 2, 2026 · full ex-dividend historyView →PPLAF dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is PPLAF a good dividend stock?

Yes, with caveats. Pembina Pipeline Corporation (PPLAF) pays a quarterly dividend yielding 6.54% ($1.22/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.

Is PPLAF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PPLAF's fair value is about $25.60 versus a $18.60 share price — so it looks undervalued (+38% vs. fair value).

Is PPLAF's dividend safe?

PPLAF has a dividend-safety grade of B (71/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is PPLAF's fair value?

Our blended fair-value estimate for PPLAF is about $25.60 per share, roughly 38% above the current $18.60 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PPLAF a buy, hold, or sell?

We don't issue formal ratings, but on the data PPLAF screens as "yes, with caveats" and undervalued. Pembina Pipeline Corporation (PPLAF) pays a quarterly dividend yielding 6.54% ($1.22/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. This is research for your own analysis, not investment advice.

Will PPLAF cut its dividend?

PPLAF earns a dividend-safety grade of B (71/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PPLAF pay a dividend?

Yes. Pembina Pipeline Corporation pays a quarterly dividend of about $1.22 per share annually, a forward yield of roughly 6.54%.

What is PPLAF's dividend yield?

As of Oct 27, 2026, PPLAF's forward dividend yield is 6.54%, based on a $1.22 annual dividend and a $18.60 share price.

What is PPLAF's dividend per share?

As of Oct 27, 2026, PPLAF pays $1.22 per share per year, distributed on a quarterly basis.

How many years has PPLAF grown its dividend?

As of Oct 27, 2026, PPLAF has increased its dividend for 2 consecutive years.

When is the next PPLAF ex-dividend date?

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

Income Calculator

At $1.22 / yr per share

Per payment (quarterly)$30.50
Annual$122.00
Monthly avg$10.17

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