Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) declared a monthly dividend on Wednesday, November 8th, Zacks reports. Investors of record on Friday, November 24th will be paid a dividend of 0.18 per share on Friday, December 15th. This represents a $2.16 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend is Wednesday, November 22nd.

Shares of Pembina Pipeline (PPL) opened at C$44.42 on Friday. Pembina Pipeline has a one year low of C$38.00 and a one year high of C$46.17.

Several analysts recently commented on the company. TD Securities raised their target price on Pembina Pipeline from C$52.00 to C$53.00 and gave the company a “buy” rating in a research report on Monday, November 6th. National Bank Financial raised their target price on Pembina Pipeline from C$50.00 to C$51.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Scotiabank raised their target price on Pembina Pipeline from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research report on Wednesday, October 4th. CIBC raised their target price on Pembina Pipeline from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research report on Tuesday, October 3rd. Finally, J P Morgan Chase & Co raised their target price on Pembina Pipeline from C$52.00 to C$53.00 in a research report on Tuesday, September 26th. Nine research analysts have rated the stock with a buy rating, Pembina Pipeline currently has a consensus rating of “Buy” and a consensus target price of C$50.56.

TRADEMARK VIOLATION NOTICE: “Pembina Pipeline Co. (PPL) to Issue $0.18 Monthly Dividend” was posted by Daily Political and is the property of of Daily Political. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.dailypolitical.com/2017/11/17/pembina-pipeline-co-ppl-to-issue-0-18-monthly-dividend.html.

About Pembina Pipeline

Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.

Dividend History for Pembina Pipeline (TSE:PPL)

Receive News & Ratings for Pembina Pipeline Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pembina Pipeline Co. and related companies with MarketBeat.com's FREE daily email newsletter.