Pembina Pipeline (PBA) Dividend Coverage Ratio (2014 - 2026)
Pembina Pipeline's (PBA) Dividend Coverage Ratio came in at 1.12 for Q2 2026, up 21.9% from 0.92 a year earlier but down 0.4% from the prior quarter.
Pembina Pipeline (PBA) Dividend Coverage Ratio (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Pembina Pipeline was 2.35, up 115.4% year-over-year; for FY2025, it came in at 1.03, down 13.4% from FY2024.
- Annual Dividend Coverage Ratio has declined for three consecutive years.
- In prior years, Pembina Pipeline's Dividend Coverage Ratio was 1.19 in FY2024 (-1.9%), 1.22 in FY2023 (-34.7%), 1.86 in FY2022 (+135.2%) and 0.79 in FY2021 (-54.5%).
- Quarterly Dividend Coverage Ratio has run from a low of 0.61 in Q3 2025 to a high of 1.98 in Q3 2022 over five years.
- On a year-over-year basis, Dividend Coverage Ratio increased in two of the last six quarters, with an average decline of 3.4%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q2 2022, with growth of 75.6%; the weakest was Q3 2023, with a decline of 56.5%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 0.66 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.55 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 1.63 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.30 |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.00 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | - |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | - |
| 10 | Pembina Pipeline | 26.19 Bn | 25.64 Bn | 933.00 Mn | 1.12 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.12 |
| Mar 31, 2026 | 1.13 |
| Sep 30, 2025 | 0.61 |
| Jun 30, 2025 | 0.92 |
| Mar 31, 2025 | 1.16 |
| Sep 30, 2024 | 0.86 |
| Jun 30, 2024 | 1.09 |
| Mar 31, 2024 | 1.10 |
| Sep 30, 2023 | 0.86 |
| Jun 30, 2023 | 0.89 |
| Mar 31, 2023 | 0.94 |
| Sep 30, 2022 | 1.98 |
| Jun 30, 2022 | 1.10 |
| Mar 31, 2022 | 1.29 |
| Sep 30, 2021 | 1.60 |
| Jun 30, 2021 | 0.63 |
| Mar 31, 2021 | 1.21 |
| Mar 31, 2017 | 3.52 |
| Mar 31, 2016 | 4.67 |
| Mar 31, 2014 | 24.50 |
Pembina Pipeline Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PBA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "PBA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();