5 Canadian Dividend Stocks with Over 3% Yield

1. Pembina Pipeline Corporation (TSX:PPL.TO)

Forward Dividend Yield: 6.02%  

Pembina Pipeline Corporation (TSX:PPL.TO) is an energy transportation company based in Calgary. It recently posted earnings for the third quarter, reporting earnings per share of C$1.01, beating market predictions by C$0.32. The revenue over the period was C$2.1 billion, up 43% year-on-year and smashing estimates by C$270 million. It also declared a monthly dividend of C$0.21 per share, in line with previous. 

Mick Dilger, the CEO of Pembina Pipeline Corporation (TSX:PPL.TO), recently revealed that the company had asked two companies working on rival bids for carbon capture and transportation in Canada to join hands and support a Pembine-led initiative for the purpose. 

The Pembina Pipeline Corporation (TSX:PPL.TO) CEO believes that a large program would be a better solution for all concerned and added that talks on the proposal were active and both groups were cooperating. 

You can also take a peek at 10 Best Stocks to Buy According to Billionaire Ken Fisher and 10 Best Stocks to Buy for the Next Ten Years.

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