Pembina Pipeline declares preferred share dividends

1 min read     Updated on 17 Jul 2026, 03:23 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Pembina Pipeline Corporation declared quarterly dividends for eight preferred share series with payments scheduled from August 17 to October 1, 2026. The company will release its Q2 2026 results on July 30, 2026, and host a conference call on July 31, 2026.

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Pembina Pipeline Corporation has declared quarterly dividends for its preferred shares, Series 1, 3, 5, 7, 15, 17, 21 and 25. The dividends are payable in Canadian dollars to shareholders of record on specific dates in July, August and September 2026. The company also announced it will release its second quarter 2026 results on July 30, 2026, followed by a conference call on July 31, 2026.

Dividend Details

The Board of Directors set dividend amounts for each series, with payment dates varying by series. Series 1, 3, 5, 7 and 21 dividends are payable on September 1, 2026, to shareholders of record on August 4, 2026. Series 15 and 17 dividends are payable on October 1, 2026, to shareholders of record on September 15, 2026. Series 25 dividends are payable on August 17, 2026, to shareholders of record on July 31, 2026.

Series Dividend Amount
Preferred Shares, Series 1 (PPL.PR.A) $0.407813
Preferred Shares, Series 3 (PPL.PR.C) $0.376188
Preferred Shares, Series 5 (PPL.PR.E) $0.425875
Preferred Shares, Series 7 (PPL.PR.G) $0.372063
Preferred Shares, Series 15 (PPL.PR.O) $0.385250
Preferred Shares, Series 17 (PPL.PR.Q) $0.412813
Preferred Shares, Series 21 (PPL.PF.A) $0.393875
Preferred Shares, Series 25 (PPL.PF.E) $0.405063

Payment Policy

Pembina pays cash dividends on Series 1, 3, 5, 7 and 21 on the first day of March, June, September and December, if declared by the Board. Dividends on Series 15 and 17 are payable on the last day of March, June, September and December. Series 25 dividends are payable on the 15th day of February, May, August and November. If a payment or record date falls on a non-business day, it shifts to the next succeeding business day.

Q2 2026 Results Conference Call

Pembina will release its second quarter 2026 results on July 30, 2026, after market close. A live webcast of the conference call is scheduled for July 31, 2026, at 8:00 a.m. MT (10:00 a.m. ET). Investors can access the webcast via the Presentations & Events section of Pembina's website or at the specific event URL.

What guidance will Pembina provide regarding capital allocation strategies for the remainder of 2026 during the Q2 earnings call?

How might fluctuating interest rates in 2026 impact the attractiveness of Pembina's preferred shares compared to other fixed-income securities?

Will the upcoming Q2 results reveal any significant shifts in pipeline utilization rates or new project developments?

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Capital Power signs long-term energy deal with Meta in Alberta

1 min read     Updated on 09 Jul 2026, 03:49 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Capital Power Corporation has secured a long-term Energy Supply Agreement with Meta Platforms, Inc. to deliver 250 MW of capacity and energy to a data centre in Sturgeon County, Alberta. The agreement, spanning over ten years, is supported by Capital Power's Alberta fleet and targets an in-service date in the second half of 2028. This move strengthens Capital Power's contracted cash flows and underscores Alberta's growing role in digital infrastructure.

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Capital Power Corporation has entered into a long-term Energy Supply Agreement (ESA) with Meta Platforms, Inc. to provide 250 MW of capacity and energy for a data centre in Sturgeon County, Alberta. The agreement, which extends for more than 10 years, is backed by Capital Power's existing Alberta power generation fleet and is expected to see the load come online in the second half of 2028. This deal enhances Capital Power's contracted profile with stable cash flows while supporting the province's ability to attract large-scale digital infrastructure investments.

The ESA includes both capacity and energy payments, structured to provide long-term commercial stability. Meta Platforms, Inc. holds an AA- / Aa3 credit rating. The agreement preserves Capital Power's ability to pursue further commercial optimization at its Genesee site. Avik Dey, President and Chief Executive Officer of Capital Power, highlighted the company's readiness to serve the growing demand for 24/7 power required by AI infrastructure, citing the dependability and dispatchability of their Alberta fleet.

Agreement Term Details
Term Greater than 10 years
Counterparty Meta Platforms, Inc. (AA- / Aa3)
Capacity 250 MW
Anticipated Start Date Back half of 2028
Commercial Construct Capacity and energy payment backed by Alberta portfolio

The transaction aligns with Capital Power's strategy to support rising electricity demand across North America through disciplined investment and operational excellence. Danielle Smith, Premier of Alberta, noted that such investments create jobs and generate revenue, reinforcing the province's position as a prime location for AI and digital infrastructure development. Capital Power operates approximately 12 GW of generation capacity across 35 facilities, utilizing natural gas, renewables, and battery energy storage solutions.

How will this agreement influence Capital Power's strategy for securing additional long-term contracts with other hyperscale data center operators?

What specific infrastructure upgrades or investments are required at the Genesee site to accommodate the 250 MW load by 2028?

Could this deal trigger a wave of similar power purchase agreements from other tech giants looking to secure reliable 24/7 power in Alberta?

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