Enbridge’s expects to lower costs by $300 million in 2020. Sales of $1.3 billion were down 30% from the prior-year period but the company still recorded a net income of $253 million for the quarter. A cash dividend payment of $0.157 per share is scheduled to be paid on … Pembina Pipeline . Fool contributor Sneha Nahata has no position in any of the stocks mentioned. While a decline in throughput volumes and lower oil prices are taking a toll on Enbridge’s revenues and earnings, its diverse revenue sources are comforting. So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you. Moreover, its long-term contracts have take-or-pay or cost-of-service arrangements that lower volume and price risk. All rights reserved. Should You Buy Aphria (TSX:APHA) After Its Recent Pullback? Besides, it paid about $4.5 billion in dividends. For risk-taking investors, Pembina Pipeline and Enbridge can be a bet worth taking. The year 2020 has been a tough one for energy infrastructure companies. Also, its valuation looks favourable when compared to. I understand I can unsubscribe from these updates at any time. 3 Beaten-Down Stocks Look Attractive, Aphria (TSX:APHA) Stock Plunges: Marijuana Industry in Trouble. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Although Pembina Pipeline offers a high dividend yield, I believe Enbridge is a better buy, given its strong balance sheet, stable cash flows, and higher growth prospects. Pembina Pipeline Corp. (PBA) will begin trading ex-dividend on August 24, 2020. Meanwhile, its gas business has an incentive framework with long-term contracts. 5G has the potential to radically change our lives and society as we know it, but if you’re an investor, the implications are even greater — and potentially much more lucrative. Pembina could make for an attractive contrarian buy for investors who love a high-yielding dividend and who are okay with taking on some risk. Investors should note that Pembina Pipeline’s annual dividends have grown by 6.5% over the last five years. For the quarter ending June 30, Pembina continued to report free cash flow of $431 million — well above the $384 million that it paid out in dividends during the period. Also, its valuation looks favourable when compared to Enbridge’s forward EV-to-EBITDA multiple of 11.3. We encourage you to act quickly if you want to get in on this opportunity, because the story of the coming boom is already starting to leak out and this trend looks ready to take off. The answer is a radical breakthrough that Wired says is “the rocket fuel of the AI boom.”. The coronavirus led to one of the sharpest downturns in energy demand, weighing heavily on the stock prices of the companies operating in the sector. While the company is unlikely to announce any dividend hike in 2020, its resilient fee-based cash flows indicate that investors could continue to benefit from its high dividend yield amid lower rates. Pembina stock is trading at the next 12-month EV-to-EBITDA multiple of 9.1, which is about 20% lower than its historical average. Returns since inception, October 2013.

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