Plains All American Pipeline Lp (PAA) to Distribute Quarterly Dividend of $0.42 on November 13th

Posted by Francis Steltz on Oct 28th, 2026

Plains All American Pipeline Lp (NASDAQ:PAA – Get Free Report) announced a quarterly dividend on Thursday, October 1st. Stockholders of record on Friday, October 30th will be paid a dividend of $0.4175 per share on Friday, November 13th. This represents a $1.67 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, October 30th.

Plains All American Pipeline has raised its dividend by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 5 years. Plains All American Pipeline has a payout ratio of 110.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Plains All American Pipeline to earn $1.79 per share next year, which means the company should continue to be able to cover its $1.67 annual dividend with an expected future payout ratio of 93.3%.

Plains All American Pipeline Stock Down 1.6%

NASDAQ:PAA opened at $26.41 on Wednesday. The business’s 50-day moving average price is $25.09 and its 200 day moving average price is $22.68. The firm has a market cap of $18.63 billion, a P/E ratio of 7.32 and a beta of 0.57. Plains All American Pipeline has a 52-week low of $16.00 and a 52-week high of $26.92.

Plains All American Pipeline (NASDAQ:PAA – Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.09). The business had revenue of $17.69 billion for the quarter. During the same period in the prior year, the business posted $0.36 earnings per share. The firm’s quarterly revenue was up 66.3% compared to the same quarter last year. Sell-side analysts expect that Plains All American Pipeline will post 1.73 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on PAA. Zacks Research upgraded shares of Plains All American Pipeline from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. Scotiabank restated an “outperform” rating and set a $28.00 target price on shares of Plains All American Pipeline in a report on Thursday, October 15th. Mizuho lifted their price target on shares of Plains All American Pipeline from $27.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, September 21st. Raymond James Financial restated a “strong-buy” rating and issued a $28.00 price target on shares of Plains All American Pipeline in a research report on Monday, October 19th. Finally, Weiss Ratings cut Plains All American Pipeline from a “buy (a-)” rating to a “buy (b+)” rating in a report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Plains All American Pipeline has an average rating of “Hold” and an average price target of $26.07.

Check Out Our Latest Stock Report on Plains All American Pipeline

Plains All American Pipeline Company Profile

(Get Free Report)

Plains All American Pipeline, L.P. is a midstream energy infrastructure company that provides logistics services for crude oil and natural gas liquids (NGLs). Rather than primarily exploring for or producing hydrocarbons, the company operates assets that help gather, transport, store and deliver energy commodities from production areas to refineries, processing facilities and other markets.

The company’s operations include pipeline transportation systems, gathering networks, storage facilities, rail and truck transportation, and terminal and export infrastructure.