PAA Dividend History & Analysis | 8.8% Yield

PAA has a dividend yield of 8.8% and paid 1.56 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 8.83%
Payout Ratio 136.6%
Growth Rate CAGR 5y 20.54%
Consistency Lifetime 95.0%
Yield on Cost 5y 24.72%
Payout FCF 56.9%
Streak Years 27
Dividend Rating 97.15%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 5.7%
Total Return 5y: 207.9%

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
TK 855 M 13.3% 64.9%
BWLP 2,368 M 11.6% 44.8%
TRMD 2,508 M 10.2% 45.2%
LPG 1,265 M 9.46% 39.1%
WES 16,960 M 11.7% 33.5%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
TEN 821 M 82.1% 82.8%
TRGP 43,249 M 75.0% 90.5%
EE 4,259 M 77.6% 100%
FRO 6,363 M 83.7% 44.3%
NAT 881 M 56.5% 80.3%

Quality Dividend Peers in Oil & Gas Storage & Transportation

UGP
Ultrapar Participacoes
 8.74% Yield

PAA Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-01-30 2026-01-30 2026-02-13 Quarterly 0.4175 9.9% 2.19%
2025-10-31 2025-10-31 2025-11-14 Quarterly 0.38 0% 2.26%
2025-07-31 2025-07-31 2025-08-14 Quarterly 0.38 0% 2.09%
2025-05-01 2025-05-01 2025-05-15 Quarterly 0.38 0% 2.24%
2025-01-31 2025-01-31 2025-02-14 Quarterly 0.38 19.7% 1.86%
2024-10-31 2024-10-31 2024-11-14 Quarterly 0.3175 0% 1.92%
2024-07-31 2024-07-31 2024-08-14 Quarterly 0.3175 0% 1.72%
2024-04-30 2024-05-01 2024-05-15 Quarterly 0.3175 0% 1.8%
2024-01-30 2024-01-31 2024-02-14 Quarterly 0.3175 18.7% 2.01%
2023-10-30 2023-10-31 2023-11-14 Quarterly 0.2675 0% 1.78%
2023-07-28 2023-07-31 2023-08-14 Quarterly 0.2675 0% 1.83%
2023-04-28 2023-05-01 2023-05-15 Quarterly 0.2675 0% 2.08%
2023-01-30 2023-01-31 2023-02-14 Quarterly 0.2675 23% 2.12%
2022-10-28 2022-10-31 2022-11-14 Quarterly 0.2175 0% 1.82%
2022-07-28 2022-07-29 2022-08-12 Quarterly 0.2175 0% 2.02%
2022-04-28 2022-04-29 2022-05-13 Quarterly 0.2175 20.8% 2.05%
2022-01-28 2022-01-31 2022-02-14 Quarterly 0.18 0% 1.72%
2021-10-28 2021-10-29 2021-11-12 Quarterly 0.18 0% 1.73%
2021-07-29 2021-07-30 2021-08-13 Quarterly 0.18 0% 1.79%
2021-04-29 2021-04-30 2021-05-14 Quarterly 0.18 0% 1.91%
2021-01-28 2021-01-29 2021-02-12 Quarterly 0.18 0% N/A
2020-10-29 2020-10-30 2020-11-13 Quarterly 0.18 0% N/A
2020-07-30 2020-07-31 2020-08-14 Quarterly 0.18 0% N/A
2020-05-07 2020-05-15 Quarterly 0.18 0% N/A
2020-04-30 2020-05-01 2020-05-15 Quarterly 0.18 -50% N/A
2020-01-30 2020-01-31 2020-02-14 Quarterly 0.36 0% N/A
2019-10-30 2019-10-31 2019-11-14 Quarterly 0.36 0% N/A
2019-07-30 2019-07-31 2019-08-14 Quarterly 0.36 0% N/A
2019-04-30 2019-05-01 2019-05-15 Quarterly 0.36 20% N/A
2019-01-30 2019-01-31 2019-02-14 Quarterly 0.3 0% N/A
2018-10-30 2018-10-31 2018-11-14 Quarterly 0.3 0% N/A
2018-07-30 2018-07-31 2018-08-14 Quarterly 0.3 0% N/A
2018-04-30 2018-05-01 2018-05-15 Quarterly 0.3 0% N/A
2018-01-30 2018-01-31 2018-02-14 Quarterly 0.3 0% N/A
2017-10-30 2017-10-31 2017-11-14 Quarterly 0.3 -45.5% N/A
2017-07-27 2017-07-31 2017-08-14 Quarterly 0.55 0% N/A
2017-04-27 2017-05-01 2017-05-15 Quarterly 0.55 0% N/A
2017-01-27 2017-01-31 2017-02-14 Quarterly 0.55 0% N/A
2016-10-27 2016-10-31 2016-11-14 Quarterly 0.55 -21.4% N/A
2016-07-27 2016-07-29 2016-08-12 Quarterly 0.7 0% N/A
2016-04-27 2016-04-29 2016-05-13 Quarterly 0.7 0% N/A
2016-01-27 2016-01-29 2016-02-12 Quarterly 0.7 0% N/A
2015-10-28 2015-10-30 2015-11-13 Quarterly 0.7 0.7% N/A
2015-07-29 2015-07-31 2015-08-14 Quarterly 0.695 1.5% N/A
2015-04-29 2015-05-01 2015-05-15 Quarterly 0.685 1.5% N/A
2015-01-28 2015-01-30 2015-02-13 Quarterly 0.675 2.3% N/A
2014-10-29 2014-10-31 2014-11-14 Quarterly 0.66 2.3% N/A
2014-07-30 2014-08-01 2014-08-14 Quarterly 0.645 2.4% N/A
2014-04-30 2014-05-02 2014-05-15 Quarterly 0.63 2.4% N/A
2014-01-29 2014-01-31 2014-02-14 Quarterly 0.615 0% N/A

PAA Dividend FAQ

Plains All American Pipeline, L.P. (NASDAQ:PAA) operates a U.S. and Canada-wide network that gathers, transports, stores, and terminals crude oil and natural gas liquids (NGL) through pipelines, trucks, barges, and rail. The business is split into two segments: the Crude Oil segment, which handles gathering, transportation, terminaling, storage, and merchant activities; and the NGL segment, which processes natural gas into ethane, propane, normal-butane, iso-butane, and natural gasoline, then fractions, stores, and transports these products for heating, engine, and industrial fuel uses. The company, founded in 1981 and headquartered in Houston, Texas, is a subsidiary of Plains GP Holdings, L.P.

What is the Dividend Yield of PAA?

As of February 2026, PAA`s dividend yield is 8.83%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.56 USD by the current share price of 19.40.

Does PAA pay a dividend?

As of February 2026, PAA paid a dividend of 1.56 USD in the last 12 months. The last dividend was paid on 2026-01-30 and the payout was 0.4175 USD.

How often does PAA pay dividends?

PAA pays dividends quarterly. Over the last 12 months, PAA has issued 4 dividend payments. The last dividend payment was made on 2026-01-30.

PAA dividend forecast

Based on historical data, the forecasted dividends per share for PAA for the next 4 payments are between 0.274 (-34.4%) and 0.295 (-29.3%).
This represents a significant dividend cut compared to the last payment.

Will PAA pay dividends in 2026?

The latest dividend paid per share was 0.4175 USD with an Ex-Dividend Date of 2026-01-30. The next Ex-Dividend date for Plains All American (PAA) is currently unknown.

What is the next Ex-Dividend Date for PAA?

The next Ex-Dividend date for Plains All American (PAA) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of PAA?

PAA's average dividend growth rate over the past 5 years is 20.5% per year.
Strong growth: PAA's Dividend growth is outpacing inflation.

What is the Yield on Cost of PAA?

PAA's 5-Year Yield on Cost is 24.7%. If you bought PAA's shares at 6.30 USD five years ago, your current annual dividend income (1.56 USD per share, trailing 12 months) equals 24.7% of your original purchase price.

What is the Payout Consistency of PAA?

PAA Payout Consistency is 95.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Plains All American has a strong track record of consistent dividend payments over its lifetime.

Does PAA have a good Dividend Yield?

PAA`s 8.83% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of PAA?

The Dividend Payout Ratio of PAA is 136.6%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of PAA?

PAA`s Overall Dividend Rating is 97.15%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PAA Outstanding Shares Analysis

What is the Trend in PAA's Outstanding Shares?

Plains All American's outstanding shares have increased by approximately 0.21% annually over the past 3 years (Trend Reliability: 81.6%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has PAA ever had a Stock Split?

Yes, the last stock split was on Oct 2, 2012 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1999 68,772,000
2000 68,772,000
2001 86,506,000 +25.79%
2002 100,332,000 +15.98%
2003 116,828,000 +16.44%
2004 135,034,000 +15.58%
2005 148,000,000 +9.6%
2006 218,800,000 +47.84%
2007 232,000,000 +6.03%
2008 248,000,000 +6.9%
2009 272,000,000 +9.68%
2010 286,000,000 +5.15%
2011 314,000,000 +9.79%
2012 337,000,000 +7.32%
2013 346,000,000 +2.67%
2014 375,000,000 +8.38%
2015 399,000,000 +6.4%
2016 662,000,000 +65.91%
2017 726,000,000 +9.67%
2018 799,000,000 +10.06%
2019 729,000,000 -8.76%
2020 726,000,000 -0.41%
2021 709,000,000 -2.34%
2022 698,000,000 -1.55%
2023 701,000,000 +0.43%
2024 704,000,000 +0.43%
2025 704,000,000

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-31 02:37