Plains All American Pipeline declares $0.42 dividend with payout ratio above 1.0

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Summary · why it matters

Plains All American Pipeline LP announced a total dividend of $0.42 per share, with the ex-dividend date set for 2026-07-31 and payment on 2026-08-14. The company has a 12-month trailing dividend yield of 6.43% and a forward yield of 6.58%, but its dividend payout ratio stands at 1.10 as of 2026-03-31, indicating distributions exceed net income. Over the past three years, annual dividend growth was 22.20%, yet the 10-year growth rate is negative 7.90%, and recent revenue and earnings growth rates are also negative. While Plains All American Pipeline LP has maintained consistent quarterly dividends since 1999 and holds a profitability rank of 7 out of 10, the high payout ratio and declining growth metrics raise concerns about long-term dividend sustainability.

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