Pembina offers an attractive dividend that is supported by existing and expected projects.
Narrow-moat Pembina Pipeline generated fourth-quarter adjusted EBITDA of CAD 674 million, a 97% year-over-year increase. Adjusted EBITDA came in above our expectations, driven by better-than-expected results from the Veresen assets. Adjusted cash flow from operating activities for the quarter was also above our expectations, coming in at CAD 499 million, or up 70% from the year-ago period. More importantly, adjusted operating cash flow per share increased to CAD 0.99 from CAD 0.74. Increased per...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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