I wrote about Pembina a couple of weeks ago,
https://steemleo.com/steemleo/@rollandthomas/is-pembina-pipeline-a-great-dividend-stock
Thus, although Pembina is a decent dividend company to own, I put Pembina on my watch list because I was mixing up Dividend payout ratio and the Cash Dividend Payout Ratio. But in the case of Pembina, their cash dividend payout ratio is .34 which is really, really good. Thus, I have to agree with Brad on this one.