The International Energy Agency estimates that "total oil and natural gas demand is expected to increase 16% by 2040, supplying 52% of the world's energy needs. Energy demand will be driven by a 19% increase in the world's population and rising per capita energy use, supporting improved global living standards."
Calgary, Canada-based Pembina Pipeline Corporation (PBA) provides transportation and midstream services for the energy industry. It operates through 3 segments: Pipelines, Facilities, and Marketing & New Ventures. PBA is a member of the Toronto Exchange 60 Index, and has paid approximately $9.5 billion in dividends since inception. PBA was incorporated in 1954. PBA pays $CAN $.21 monthly and yields 6.3%. It has strong 1.62X dividend coverage and is rated Investment Grade. Valuations, profitability, debt & leverage, and performance vs. midstream averages are detailed in this article. 2 options-selling trades for PBA are also offered, with tax deferral benefits.
Source: Seeking Alpha
Related Articles:
Dividend Growth Stocks News
- 2 Dividend Stocks That are Holding Their Own in 2025 - 24/7 Wall St. - 5/17/2025
- 3 UK Dividend Stocks To Watch With Up To 5.1% Yield - Yahoo Finance - 5/15/2025
- Our Top 10 High-Growth Dividend Stocks -- May 2025 - Seeking Alpha - 5/17/2025
- Dividend Stocks: Ashok Leyland, Havells India, LTIMindtree, among others to trade ex-dividend next week; Full list - Mint - 5/17/2025
- Top Dividend Stocks To Enhance Your Portfolio - Yahoo Finance - 5/14/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
- Abbott Laboratories (ABT) Dividend Stock Analysis - 4/18/2025
6% Yield, Monthly Payer, No K-1
Posted by D4L | Wednesday, November 24, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.