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Plains GP Holdings LP (Plains GP Holdings LP) Forward Dividend Yield % : 6.78% (As of Apr. 26, 2024)


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What is Plains GP Holdings LP Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Plains GP Holdings LP is 6.78%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Plains GP Holdings LP is 5.96%.

PAGP's Forward Dividend Yield % is ranked better than
71.11% of 495 companies
in the Oil & Gas industry
Industry Median: 4.21 vs PAGP: 6.78

Plains GP Holdings LP's Dividends per Share for the three months ended in Dec. 2023 was $0.27.

During the past 12 months, Plains GP Holdings LP's average Dividends Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Plains GP Holdings LP was 5.90% per year. The lowest was -22.70% per year. And the median was -15.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Plains GP Holdings LP's Forward Dividend Yield %

For the Oil & Gas Midstream subindustry, Plains GP Holdings LP's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Plains GP Holdings LP's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plains GP Holdings LP's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Plains GP Holdings LP's Forward Dividend Yield % falls into.



Plains GP Holdings LP Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Plains GP Holdings LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3182024-01-302024-01-312024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2682023-10-302023-10-312023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2682023-07-282023-07-312023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2682023-04-282023-05-012023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Plains GP Holdings LP's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.272/18.735
=6.79 %

Current Share Price is $18.735.
Plains GP Holdings LP's Dividends per Share for the forward twelve months is calculated as $0.318 * 4 = $1.272.

Plains GP Holdings LP's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.122/18.735
=5.99 %

Current Share Price is $18.735.
Plains GP Holdings LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.122.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Plains GP Holdings LP  (NAS:PAGP) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Plains GP Holdings LP Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Plains GP Holdings LP's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Plains GP Holdings LP (Plains GP Holdings LP) Business Description

Traded in Other Exchanges
N/A
Address
333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.
Executives
Willie Cw Chiang director, officer: Chairman & CEO 370 17TH STREET, SUITE 2775, DENVER CO 80202
Jeremy L. Goebel officer: EVP & CCO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Ellen Desanctis director 12326 OLD OAKS, HOUSTON TX 77024
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Gary R Petersen director 210 HEDWIG, HOUSTON TX 77019
Victor Burk director C/O ENERVEST MANAGEMENT PARTNERS LTD, 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Lawrence Michael Ziemba director 600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
John T Raymond director THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Alexandra Pruner director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Bobby S Shackouls director 5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Chris Temple director 3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Emg Investment, Llc director, See Remarks 1401 MCKINNEY STREET, SUITE 1025, HOUSTON TX 77010
Robert V Sinnott director 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Greg L Armstrong director, 10 percent owner, officer: Chairman & CEO
Harry N Pefanis officer: President & COO 333 CLAY STREET, STE 1600, HOUSTON TX 77002

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