Plains GP Holdings Dividend
Dividend criteria checks 3/6
Plains GP Holdings is a dividend paying company with a current yield of 6.99%.
Key information
7.0%
Dividend yield
134%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.87 |
Dividend yield forecast in 3Y | 8.5% |
Recent dividend updates
Recent updates
Plains GP Holdings' Reinvigorated 1099 Distribution Is Backed By Ample Cash Flow
Apr 30Plains GP Holdings declares $0.2175 dividend
Oct 10Plains GP Holdings declares $0.2175 dividend
Jul 08Plains GP Holdings: Cash-Generating Engine Firing Up, Higher Distributions To Follow
Sep 25Plains GP Holdings: The Oil Price Recovery Foretells Higher Earnings And Distributions On The Horizon
Jul 13Plains GP Holdings EPS beats by $0.02, beats on revenue
May 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PAGP's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAGP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Plains GP Holdings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PAGP) | 7.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (PAGP) | 8.5% |
Notable Dividend: PAGP's dividend (6.99%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: PAGP's dividend (6.99%) is in the top 25% of dividend payers in the US market (4.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (133.9%), PAGP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.8%), PAGP's dividend payments are thoroughly covered by cash flows.