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Source global Wall Street Journal     time 2020-09-06 22:56:02
Typefacelarge in Small
The post Canadians, Billion CRA CERB Replacement Is Coming Your Way appeared first on The Motley Fool Canada.10 Top TSX Income Stocks to Buy in August 2020Canada Is Due for a Severe Housing Market Crash3 Tips on How to Turn a ,000 TFSA Into ,000,000 Faster2 Top TSX Stocks That Could Soar in a Post Pandemic WorldSell Shopify Now: Buy This TSX Stock InsteadTwo New Stock Picks Every Month!Fool contributor Christopher Liew has no position in any of the stocks mentioned. The Motley Fool recommends PEMBINA PIPELINE CORPORATION.

While the .26 billion company is not an oil producer, it provides transportation and midstream services in North America. Pembina counts among the stocks that have increased ordinary cash dividends every year for five years. It's capable of maintaining the same payout for at least two straight years within those five years.

Pembina's highly contracted commercial framework makes it resilient despite the lower activity of oil producers in 2020. Because of the temporary decline in the physical volume of crude oil and natural gas liquid (NGL), revenue and net income in the first half of 2020 fell 22.1% and 42% versus the same period in 2019.


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