Pembina Pipeline Announces Oct 13 Dividend of $0.14 (PPL)
Pembina Pipeline (TSE:PPL) declared a oct 13 dividend on Wednesday, October 9th, Stock Ratings Network.com reports. Stockholders of record on Friday, October 25th will be given a dividend of $0.14 per share on Friday, November 15th.
A number of research firms have recently commented on PPL. Analysts at CIBC reiterated a “sector outperform” rating on shares of Pembina Pipeline in a research note to investors on Wednesday, September 18th. They now have a C$36.00 price target on the stock. On a related note, analysts at Scotiabank cut their price target on shares of Pembina Pipeline from C$36.00 to C$35.00 in a research note to investors on Wednesday, September 11th. Finally, analysts at RBC Capital raised their price target on shares of Pembina Pipeline from C$36.00 to C$37.00 in a research note to investors on Tuesday, August 13th. They now have an “outperform” rating on the stock. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Pembina Pipeline currently has an average rating of “Buy” and a consensus price target of C$35.75.
Shares of Pembina Pipeline (TSE:PPL) traded down 0.46% on Wednesday, hitting $32.79. The stock had a trading volume of 222,869 shares. Pembina Pipeline has a 52-week low of $27.01 and a 52-week high of $35.64. The stock’s 50-day moving average is $32.4 and its 200-day moving average is $31.60. The company has a P/E ratio of 33.61.
Pembina Pipeline Corporation (TSE:PPL) is a Calgary-based company, engaged in providing transportation and midstream services.
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