Trailing Dividend / Share
$1.52
Plains All American Pipeline, L.P. (PAA) Dividend History
Income profile from 1999 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
7.1%
Payout Ratio
74.6%
Watch
Dividend Streak
4 years
PAA Dividend Income Check
Safety
74.6% payout ratio with watch safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 18.5% and trend is rising.
PAA Dividend Scorecard
Yield & Income
Dividend Yield7.1%
Trailing DPS$1.52
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout74.6%
Earnings SafetyWatch
FCF Payout50.3%
FCF SafetyAdequate
Piotroski F-Score5/9
Growth
Growth Streak4 years
3Y CAGR22.1%
5Y CAGR11.1%
Yield on Cost (5Y)18.5%
YOC Trendrising
Total Returns
Buyback Yield2.3%
Total Shareholder Yield9.4%
1Y Total Return24.6%
5Y Total Return147.1%
Div Contribution (5Y)53.4%
Estimated $10K growth (return + dividends):
5Y ago$24,70910Y ago$12,45320Y ago$25,527
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). PAA's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
PAA Income Growth Story
Dividend per share and yield on cost over time (28 years of payments)
PAA Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Plains All American Pipeline, L.P. distributes 74.6% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 50.3%, rated "Adequate".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
PAA has raised its dividend for 4 consecutive years, with a 3-year CAGR of 22.1% and 5-year CAGR of 11.1%.
Total Shareholder Returns
Beyond cash dividends, PAA returns capital through share repurchases. The combined picture: 7.1% dividend yield, 2.3% buyback yield, 9.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 18.5% and is currently rising. The 5-year total return is 147.1%, with dividends contributing 53.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $12,453 today.
PAA Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$5.89
Avg/Payment$0.2945
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 1, 2026Latest | $0.4175 | — | 7.13% | May 15, 2026 |
| Jan 30, 2026 | $0.4175 | ↑ +9.9% | 8.10% | Feb 13, 2026 |
| Oct 31, 2025 | $0.3800 | — | 9.24% | Nov 14, 2025 |
| Jul 31, 2025 | $0.3800 | — | 7.99% | Aug 14, 2025 |
| May 1, 2025 | $0.3800 | — | 8.35% | May 15, 2025 |
| Jan 31, 2025 | $0.3800 | ↑ +19.7% | 6.73% | Feb 14, 2025 |
| Oct 31, 2024 | $0.3175 | — | 7.81% | Nov 14, 2024 |
| Jul 31, 2024 | $0.3175 | — | 6.71% | Aug 14, 2024 |
PAA Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
7.1%
#2 of 9
Safety
Watch
74.6% payout
Streak
4Y
11.1% 5Y CAGR
Total Shareholder
9.4%
#2 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd PAAPlains All American … | $15.1B | 7.1% | 74.6% | 4 | Watch |
 EPDEnterprise Products … | $79.1B | 5.8% | 80.5% | 28 | Watch |
 ETEnergy Transfer LP | $64.5B | 6.9% | 96.4% | 4 | At Risk |
3rd  MPLXMPLX Lp | $57.7B | 6.9% | 81.8% | 4 | Watch |
1st  WESWestern Midstream Pa… | $16.9B | 8.3% | 1.2% | 4 | Sustainable |
 PAGPPlains GP Holdings, … | $4.6B | 6.5% | 1.2% | 4 | Sustainable |
 KMIKinder Morgan, Inc. | $70.3B | 3.7% | 85.2% | 8 | At Risk |
 OKEONEOK, Inc. | $53.6B | 4.8% | 76.1% | 3 | Watch |
 TRGPTarga Resources Corp… | $55.5B | 1.5% | 44.4% | 4 | Sustainable |
PAA Annual Dividend History (1997–2026)
30 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.83 | — | 2 | — | — | — | 10.2% |
| 2025 | $1.52 | 19.7% | 4 | $1.66 | 91.6% | 1.09x | 18.5% |
| 2024 | $1.27 | 18.6% | 4 | $0.73 | 174.0% | 0.57x | 15.5% |
| 2023 | $1.07 | 28.4% | 4 | $1.40 | 76.5% | 1.31x | 13.1% |
| 2022 | $0.83 | 15.8% | 4 | $1.19 | 70.1% | 1.43x | 10.2% |
| 2021 | $0.72 | -20.0% | 4 | $0.55 | 130.9% | 0.76x | 8.8% |
| 2020 | $0.90 | -34.8% | 4 | $-3.83 | — | — | 11.0% |
| 2019 | $1.38 | 15.0% | 4 | $2.65 | 52.1% | 1.92x | 16.8% |
| 2018 | $1.20 | -38.5% | 4 | $2.77 | 43.3% | 2.31x | 14.6% |
| 2017 | $1.95 | -26.4% | 4 | $0.95 | 205.3% | 0.49x | 23.8% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into PAA consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
27+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
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PAA — Frequently Asked Questions
Quick answers to the most common questions about buying PAA stock.
How much dividend does PAA pay per share?
Plains All American Pipeline, L.P. (PAA) pays a trailing 12-month dividend of $1.52 per share, with a current dividend yield of +7.1%. Payments are made Semi-Annual.
When is PAA's next ex-dividend date?
PAA's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PAA typically pays dividends Semi-Annual.
Is PAA's dividend safe?
PAA's dividend safety is rated "Watch" based on an earnings payout ratio of +74.6% and FCF payout ratio of +50.3%. The 4-year growth streak provides moderate confidence.
Is PAA a Dividend Payer?
Yes, Plains All American Pipeline, L.P. is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +11.1%, demonstrating above-inflation dividend growth.
How often does PAA pay dividends?
Plains All American Pipeline, L.P. pays dividends Semi-Annual. The trailing 12-month total is $1.52 per share. Dividend data on this page covers 27+ years from 1999 to 2026.
How much would $10,000 invested in PAA grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PAA five years ago would be worth approximately $24,709 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PAA's yield on cost for long-term holders?
PAA's yield on cost — the current dividend divided by the original purchase price — is +18.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +7.1% market yield, thanks to consistent dividend growth.