Dividend Growth of Plains All American Pipeline, L.P.(PAA)

Plains All American Pipeline, L.P.(PAA) is having a Dividend Yield of 6.89% with the Annual cash Dividend per share of $2.65. The last quarter cash dividend per share pay out was $0.55. Plains All American Pipeline, L.P. has a 5 year average dividend yield of 6.34% and the stock has a Indicated annual dividend of $2.2. Plains All American Pipeline, L.P.(PAA) formally announced its most recent dividend on January 10, 2017 with a Dividend per share of $0.55. The new indicated annual dividend based on announced dividend per share is $2.2. The dividend yield based on the forward looking indicated annual dividend is 6.89%. Plains All American Pipeline, L.P.(PAA) has the most recent dividend payout ratio of 2.78 with a 5-year average payout ratio of 1.45. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 1.34. The 5 year historical dividend growth of Plains All American Pipeline, L.P.(PAA) is at the rate of 6.12% while the R-Squared dividend growth is 0.63. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Plains All American Pipeline, L.P. (NYSE:PAA) witnessed a decline in the market cap on Thursday as its shares dropped 1.82% or 0.58 points. After the session commenced at $32.02, the stock reached the higher end at $32.23 while it hit a low of $31.27. With the volume soaring to 2,615,237 shares, the last trade was called at $31.33. The company has a 52-week high of $33.95. The company has a market cap of $12,938 million and there are 412,962,770 shares in outstanding. The 52-week low of the share price is $17.46. Shares of Plains All American Pipeline, L.P. rose by 0.22% in the last five trading days and 2.78% for the last 4 weeks. Plains All American Pipeline, L.P. is up 2.22% in the last 3-month period. Year-to-Date the stock performance stands at -1.3%.

Currently the company Insiders own 1.3% of Plains All American Pipeline, L.P. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -64.98% . Institutional Investors own 68.61% of Plains All American Pipeline, L.P. shares. During last six month period, the net percent change held by insiders has seen a change of -64.98%. Company has reported several Insider transactions to the SEC, on Dec 12, 2016, John Vonberg (EVP – Commercial Activities) sold 6,675 shares at 32.56 per share price.On Dec 5, 2016, Al Swanson (Executive VP & CFO) sold 65,000 shares at 32.92 per share price.On Aug 22, 2016, W David Duckett (CEO of subsidiary – PMC) sold 17,333 shares at 29.76 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Robert W. Baird on Jan 31, 2017 to Outperform, Raises Price Target to $ 37 from a previous price target of $32 .Plains All American Pipeline L.P. was Initiated by Mizuho on Jan 30, 2017 to Neutral, Price Target of the shares are set at $34.Plains All American Pipeline L.P. was Upgraded by JP Morgan to Overweight on Dec 9, 2016.

Plains All American Pipeline L.P. Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.37 EPS for the quarter, missing the analyst consensus estimate by $ -0.16. Analyst had a consensus of $0.53. The company had revenue of $5952.00 million for the quarter, compared to analysts expectations of $5942.37 million. The companys revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

Plains All American Pipeline, L.P. is engaged in interstate and intrastate marketing, transportation and terminalling of crude oil.

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