Pembina Pipeline Corp (PPL) Director Buys C$108,192.00 in Stock
Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) Director Maureen Howe bought 2,400 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was bought at an average price of C$45.08 per share, for a total transaction of C$108,192.00.
Pembina Pipeline Corp (PPL) traded down C$0.11 during midday trading on Thursday, hitting C$44.77. 762,112 shares of the stock traded hands, compared to its average volume of 1,104,155. Pembina Pipeline Corp has a one year low of C$39.04 and a one year high of C$46.17.
The firm also recently declared a monthly dividend, which will be paid on Monday, January 15th. Stockholders of record on Sunday, December 31st will be given a $0.18 dividend. This represents a $2.16 annualized dividend and a dividend yield of 4.82%. The ex-dividend date is Thursday, December 28th. Pembina Pipeline’s dividend payout ratio (DPR) is currently 157.14%.
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.
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