5 Monthly Dividend Stocks To Breeze Through Your Retirement

2. Pembina Pipeline Corporation (NYSE: PBA)

Number of Hedge Fund Holders: 15
Dividend Yield: 6.5%

Pembina Pipeline Corporation (NYSE: PBA) offers transportation and midstream services. The company ranks 2nd on our list of monthly dividend stocks to breeze through your retirement and is based in Calgary, Canada. It delivers oil and natural gas to and from Western Canada.

This August, analysts at RBC Capital reiterated an Outperform rating on shares of Pembina Pipeline Corporation (NYSE: PBA).

In the second quarter of 2021, Pembina Pipeline Corporation (NYSE: PBA) delivered EPS of $0.37, missing estimates by $0.07. The company’s revenue was $1.56 billion, up 63.99% year-over-year and beating estimates by $361.48 million. Pembina Pipeline Corporation (NYSE: PBA) has gained 28.07% year-to-date and 28.99% in the past year.

By the end of the second quarter of 2021, 15 hedge funds out of the 873 tracked by Insider Monkey held stakes in Pembina Pipeline Corporation (NYSE: PBA) worth roughly $116 million. This is compared to 15 hedge funds in the previous quarter with a total stake value of approximately $75 million.