Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). The company engages in the transportation of crude oil and NGLs on pipelines, gathering systems, and trucks. As of December 31, 2021, this segment owned and leased assets comprising 18,300 miles of crude oil and NGL pipelines and gathering systems; 38 million barrels of above-ground tank capacity; and 1,275 trailers. It engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. As of December 31, 2021, this segment owned and operated approximately 74 million barrels of crude oil storage capacity; 28 million barrels of NGL storage capacity; four natural gas processing plants; a condensate processing facility; nine fractionation plants; 16 NGL rail terminals; four marine facilities; and 110 miles of pipelines. As of December 31, 2021, this segment owned 15 million barrels of crude oil and 2 NGL linefill; 3 million barrels of crude oil and 1 NGL linefill in pipelines owned by third parties and other inventory; 640 trucks and 1,275 trailers; and 3,900 NGL railcars. The company offers logistics services to producers, refiners, and other customers. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was incorporated in 2013 and is headquartered in Houston, Texas.
Plains GP Dividend Announcement
• Plains GP announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-10-31
• Plains GP annual dividend for 2024 was $1.27
• Plains GP annual dividend for 2023 was $1.07
• Plains GP's trailing twelve-month (TTM) dividend yield is 6.52%
• Plains GP's payout ratio for the trailing twelve months (TTM) is 68.45%
• Plains GP's dividend growth over the last five years (2018-2023) was -2.26% year
Plains GP Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-31 | $0.32 | quarterly | 2024-11-14 |
| 2024-07-31 | $0.32 | quarterly | 2024-08-14 |
| 2024-04-30 | $0.32 | quarterly | 2024-05-15 |
| 2024-01-30 | $0.32 | quarterly | 2024-02-14 |
| 2023-10-30 | $0.27 | quarterly | 2023-11-14 |
| 2023-07-28 | $0.27 | quarterly | 2023-08-14 |
| 2023-04-28 | $0.27 | quarterly | 2023-05-15 |
| 2023-01-30 | $0.27 | quarterly | 2023-02-14 |
| 2022-10-28 | $0.22 | quarterly | 2022-11-14 |
| 2022-07-28 | $0.22 | quarterly | 2022-08-12 |
| 2022-04-28 | $0.22 | quarterly | 2022-05-13 |
| 2022-01-28 | $0.18 | quarterly | 2022-02-14 |
| 2021-10-28 | $0.18 | quarterly | 2021-10-29 |
| 2021-07-29 | $0.18 | quarterly | 2021-08-13 |
| 2021-04-29 | $0.18 | quarterly | 2021-05-14 |
| 2021-01-28 | $0.18 | quarterly | 2021-02-12 |
| 2020-10-29 | $0.18 | quarterly | 2020-11-13 |
| 2020-07-30 | $0.18 | quarterly | 2020-08-14 |
| 2020-04-30 | $0.18 | quarterly | 2020-05-15 |
| 2020-01-30 | $0.36 | quarterly | 2020-02-14 |
| 2019-10-30 | $0.36 | quarterly | 2019-11-14 |
| 2019-07-30 | $0.36 | quarterly | 2019-08-14 |
| 2019-04-30 | $0.36 | quarterly | 2019-05-15 |
| 2019-01-30 | $0.30 | quarterly | 2019-02-14 |
| 2018-10-30 | $0.30 | quarterly | 2018-11-14 |
| 2018-07-30 | $0.30 | quarterly | 2018-08-14 |
| 2018-04-30 | $0.30 | quarterly | 2018-05-15 |
| 2018-01-30 | $0.30 | quarterly | 2018-02-14 |
| 2017-10-30 | $0.30 | quarterly | 2017-11-14 |
| 2017-07-27 | $0.55 | quarterly | 2017-08-14 |
| 2017-04-27 | $0.55 | quarterly | 2017-05-15 |
| 2017-01-27 | $0.55 | quarterly | 2017-02-14 |
| 2016-10-27 | $0.21 | quarterly | 2016-11-14 |
| 2016-07-27 | $0.23 | quarterly | 2016-08-12 |
| 2016-04-27 | $0.23 | quarterly | 2016-05-13 |
| 2016-01-27 | $0.23 | quarterly | 2016-02-12 |
| 2015-10-28 | $0.23 | quarterly | 2015-11-13 |
| 2015-07-29 | $0.23 | quarterly | 2015-08-14 |
| 2015-04-29 | $0.22 | quarterly | 2015-05-15 |
| 2015-01-28 | $0.20 | quarterly | 2015-02-13 |
| 2014-10-29 | $0.19 | quarterly | 2014-11-14 |
| 2014-07-30 | $0.18 | quarterly | 2014-08-14 |
| 2014-04-30 | $0.17 | quarterly | 2014-05-15 |
| 2014-01-29 | $0.13 | quarterly | 2014-02-14 |
Plains GP Dividend per year
Plains GP Dividend growth
Plains GP Dividend Yield
Plains GP current trailing twelve-month (TTM) dividend yield is 6.52%. Interested in purchasing Plains GP stock? Use our calculator to estimate your expected dividend yield:
Plains GP Financial Ratios
P/E ratio10.96
PEG ratio0.11
P/B ratio2.47
ROE7.42%
Payout ratio68.45%
Current ratio1.00
Quick ratio0.90
Cash Ratio0.10
Plains GP Dividend FAQ
How much is the next Plains GP dividend?
Plains GP's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Plains GP dividend. The next Plains GP dividend will be released in January, April, July, or October.
When is Plains GP dividend paid?
Plains GP pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Plains GP pay?
The specific amount of Plains GP dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Plains GP's dividend history.
Does Plains GP stock pay dividends?
Yes, Plains GP does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Plains GP's dividend history.
How much dividend does Plains GP pay?
Plains GP paid $1.27 in 2024, $1.07 in 2023, $0.834 in 2022, $0.72 in 2021, and $0.9 in 2020.
How often does Plains GP pay dividends?
Plains GP typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Plains GP's dividend yield?
The current dividend yield for Plains GP is 6.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Plains GP's exact dividend yield.
When does Plains GP go ex dividend?
Plains GP's ex-dividend date for the latest dividend was on 2024-10-31. Plains GP typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Plains GP dividend paid?
Plains GP pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Plains GP increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Plains GP will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Plains GP dividend per share?
Plains GP paid $1.27 per share in 2024 and $1.07 per share in 2023. The amount of dividend per share that Plains GP pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Plains GP a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Plains GP a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Plains GP a dividend stock?
Yes, Plains GP is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Plains GP a good dividend stock?
Whether Plains GP is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Plains GP has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Plains GP as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Plains GP as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Plains GP pay dividends monthly?
Plains GP typically pays dividends on a quarterly basis.
Does Plains GP pay dividends quarterly?
Plains GP currently pays dividends on a quarterly basis.
Has Plains GP ever paid a dividend?
Yes, Plains GP has a history of paying dividends to its shareholders. Plains GP is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Plains GP dividend stocks?
To buy Plains GP you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Plains GP stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Plains GP stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Plains GP pay dividends 2024?
Plains GP pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Plains GP increase its dividend in 2024?
Decisions regarding Plains GP dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Plains GP dividend overview you can look into the above table of dividend history.
How Plains GP dividend works?
The Plains GP dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Plains GP's dividend process works:
1. Determination of Dividend: Plains GP's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Plains GP publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Plains GP distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Plains GP are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Plains GP's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Plains GP publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Plains GP distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Plains GP are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Plains GP dividends paid?
Plains GP dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Plains GP sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Plains GP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Plains GP declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Plains GP sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Plains GP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Plains GP declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Plains GP pay dividends?
Plains GP typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Plains GP pay dividends?
The general pattern is that Plains GP pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Plains GP dividend safe?
The safety of Plains GP's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Plains GP's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Plains GP's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Plains GP's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Plains GP's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.