Pembina Pipeline Corp (PPL) Plans Monthly Dividend of C$0.14
Pembina Pipeline Corp (TSE:PPL) declared a Monthly dividend on Wednesday, April 23rd, Analyst Ratings.Net reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.14 per share on Thursday, May 15th. This represents a yield of 4.05%. The ex-dividend date of this dividend is Wednesday, April 23rd.
A number of research firms have recently commented on PPL. Analysts at Canaccord Genuity downgraded shares of Pembina Pipeline Corp to a “hold” rating in a research note on Monday, April 7th. On the ratings front, analysts at BMO Capital Markets raised their price target on shares of Pembina Pipeline Corp from C$38.00 to C$40.00 in a research note on Friday, February 28th. Finally, analysts at TD Securities raised their price target on shares of Pembina Pipeline Corp from C$38.00 to C$43.00 in a research note on Friday, February 28th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of C$40.07.
Pembina Pipeline Corp (TSE:PPL) opened at 42.42 on Wednesday. Pembina Pipeline Corp has a 52-week low of $30.36 and a 52-week high of $43.14. The stock has a 50-day moving average of $40.97 and a 200-day moving average of $37.36. The company has a price-to-earnings ratio of 38.59.
Pembina Pipeline Corporation (TSE:PPL) is a Calgary-based company, engaged in providing transportation and midstream services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.