BMO Capital Updates Pembina Pipeline (PBA) Outlook After Estimate Review

Group 1 - Pembina Pipeline Corporation (NYSE:PBA) is recognized as one of the 15 Global Dividend Stocks, making it a potential option for portfolio diversification [1] - BMO Capital has updated its outlook on Pembina, lowering the price target to C$58 from C$59 while maintaining an Outperform rating [2] - Pembina offers a quarterly dividend with an annualized yield of approximately 5.5%, appealing to investors seeking steady cash returns [3] Group 2 - In Q3 2025, Pembina reported adjusted EBITDA of $1.03 billion, reflecting a modest year-over-year increase driven by higher contracted volumes and inflation-linked toll adjustments [4] - The company experienced improved pipeline utilization due to strengthened demand, contributing positively to its financial performance [4] - Adjusted cash flow from operating activities reached $648 million in the quarter, significantly covering dividend payments, which is crucial for dividend-focused investors [5] Group 3 - Pembina operates one of the largest energy transportation and midstream networks in Canada, facilitating the movement of crude oil, natural gas, and natural gas liquids [6]