Plains Group Holdings, L.P. Class A Shares representing limited partner interests (PAGP) Dividends

Plains Group Holdings, L.P. Class A Shares representing limited partner interests (PAGP): $17.33

0.13 (+0.76%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: MLPs - Oil & Gas

Industry

A

Ranked

#11 of 23

in industry

Dividend Yield and Dividend History Highlights

  • PAGP has an EBITDA to net debt ratio of 0.12; for context, that's better than just 15.71% stocks in our set.
  • Free cash flow for PAGP has a compound average growth rate of 59.53%, which is higher than 90.02% of stocks in our dividend set.
PAGP Ex-Dividend Date
PAGP Dividend Yield
7.38%
PAGP Annual Dividend
$1.27
PAGP Payout Ratio

PAGP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$17.33$27.3 133.92%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of PAGP, the DDM model generated by StockNews estimates a return of positive 133.92% in comparison to its current price. Digging deeper, the aspects of Plains Gp Holdings Lp's dividend discount model that we found most interesting were:

  • Relative to all dividend yielding stocks in our set, PAGP offers a dividend yield in the top 10.14% of stocks in our set.
  • PAGP's market cap of approximately $2 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 76.99% of them.
  • In terms of who is growing the amount of dividends they return to shareholders, Plains Gp Holdings Lp has been increasing its dividends at a faster rate than only 10.48% of US-listed dividend-issuing stocks we observed.


PAGP Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-10-31Dividend$0.32--
2024-07-31Dividend$0.32--
2024-04-30Dividend$0.32--
2024-01-30Dividend$0.32+18.28%
2023-10-30Dividend$0.27--
2023-07-28Dividend$0.27--
2023-04-28Dividend$0.27--
2023-01-30Dividend$0.27+22.94%
2022-10-28Dividend$0.22--
2022-07-28Dividend$0.22--
2022-04-28Dividend$0.22+21.11%
2022-01-28Dividend$0.18--
2021-10-28Dividend$0.18--
2021-07-29Dividend$0.18--
2021-04-29Dividend$0.18--
2021-01-28Dividend$0.18--
2020-10-29Dividend$0.18--
2020-07-30Dividend$0.18--
2020-04-30Dividend$0.18-50.00%
2020-01-30Dividend$0.36--
2019-10-30Dividend$0.36--
2019-07-30Dividend$0.36--
2019-04-30Dividend$0.36+20.00%
2019-01-30Dividend$0.30--
2018-10-30Dividend$0.30--
2018-07-30Dividend$0.30--
2018-04-30Dividend$0.30--
2018-01-30Dividend$0.30--
2017-10-30Dividend$0.30-45.45%
2017-07-27Dividend$0.55--
2017-04-27Dividend$0.55--
2017-01-27Dividend$0.55+34.15%
2016-11-16Split1-3-for-1 Stock SplitN/A
2016-10-27Dividend$0.41+78.79%
2016-07-27Dividend$0.23--
2016-04-27Dividend$0.23--
2016-01-27Dividend$0.23--
2015-10-28Dividend$0.23+1.76%
2015-07-29Dividend$0.23+2.25%
2015-04-29Dividend$0.22+9.36%
2015-01-28Dividend$0.20+6.39%
2014-10-29Dividend$0.19+4.03%
2014-07-30Dividend$0.18+7.50%
2014-04-30Dividend$0.17+36.48%
2014-01-29Dividend$0.13--


PAGP Dividends vs. Peers

PAGP's dividend yield currently ranks #59 of 81 vs. its peers in the MLPs - Oil & Gas category.
Rank Symbol Name Dividend Yield
1 CLMT Calumet Specialty Products Partners, L.P. - Common units representing limited partner interests 0.00%
2 CEQP Crestwood Equity Partners LP 0.00%
3 ETP Energy Transfer Partners, L.P. Common Units representing limited partner interests 0.00%
4 TCP TC PipeLines, LP Common Units representing Limited Partner Interests 0.00%
5 DKL Delek Logistics Partners L.P. 0.00%
6 SND Smart Sand, Inc. 0.00%
7 VTTI VTTI Energy Partners LP Common Units representing limited partner interests 0.00%
8 TGE Tallgrass Energy, LP Class A Shares 0.00%
9 TEP Tallgrass Energy Partners, LP Common Units representing limited partner interests 0.00%
10 FGP Ferrellgas Partners, L.P. 0.00%
11 HEP Holly Energy Partners, L.P. 0.00%
12 DCP DCP Midstream, LP Common Units 0.00%
13 PTALF Petrotal Corp. 0.00%
14 SDLP Seadrill Partners LLC Common Limited Liability Company Interests 0.00%
15 WES Western Midstream Partners L.P. 0.00%
16 SEP Spectra Energy Partners, LP Common Units representing Limited Partner Interests 0.00%
17 ANDX Andeavor Logistics LP Common Units representing Limited Partner Interests 0.00%
18 TLP TransMontaigne Partners L.P. Transmontaigne Partners L.P. Common Units representing limited partner interests 0.00%
19 SGU Star Group L.P. 0.00%
20 WGP Western Gas Equity Partners, LP Common Limited Partner Interests 0.00%
21 ALDW Alon USA Partners, LP Common Units representing Limited Partner Interests 0.00%
22 NS Nustar Energy L.P. Common Units 0.00%
23 MMP Magellan Midstream Partners L.P. Limited Partnership 0.00%
24 NSH Nustar GP Holdings, LLC Units 0.00%
25 SHLX Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests 0.00%
26 PTXP PennTex Midstream Partners, LP - Common Limited Partnership Interests 0.00%
27 WNRL Western Refining Logistics, LP Common Units representing limited partner interests 0.00%
28 AM Antero Midstream Corporation 0.00%
29 CNXM CNX Midstream Partners LP Common Units representing limited partner interests 0.00%
30 MPLX MPLX L.P. 0.00%
31 WPT World Point Terminals, LP Common Units representing Limited Partner Interests 0.00%
32 MCEP Mid-Con Energy Partners, LP - Common Units 0.00%
33 PSXP Phillips 66 Partners LP 0.00%
34 WPZ Williams Partners, L.P. Common Limited Partner Interests 0.00%
35 SMLP Summit Midstream Partners, LP Common Limited Partner Interests 0.00%
36 TRGP Targa Resources, Inc. 0.00%
37 EEP Enbridge Energy, L.P. Common Units 0.00%
38 EVEP EV Energy Partners, L.P. - common units representing limited partnership interest 0.00%
39 SNMP Sanchez Midstream Partners LP 0.00%
40 BPL Buckeye Partners L.P. 0.00%
41 BPT BP Prudhoe Bay Royalty Trust 0.00%
42 GPP Green Plains Partners LP 0.00%
43 APLP Archrock Partners, L.P. - Common Units representing Limited Partner Interests 0.00%
44 ARCX Arc Logistic Partners LP Common Units representing limited partner interest 0.00%
45 BSM Black Stone Minerals, L.P 0.00%
46 SRLP Sprague Resources LP Common Units representing Limited Partner Interests 0.00%
47 EMES Emerge Energy Services LP Common Units representing Limited Partner Interests 0.00%
48 GEL Genesis Energy, L.P. Common Units 0.00%
49 CCLP CSI Compressco LP - common units 0.00%
50 BTE Baytex Energy Corp 0.00%
51 OKS ONEOK Partners, L.P. 0.00%
52 ENBL Enable Midstream Partners LP 0.00%
53 ENLC EnLink Midstream LLC 0.00%
54 ENLK EnLink Midstream Partners, LP Common Limited Partnership Interests 0.00%
55 BWP Boardwalk Pipeline Partners LP Common Units 0.00%
56 MMLP Martin Midstream Partners L.P. 0.00%
57 EPD Enterprise Products Partners L.P. 0.00%
58 PAA Plains All American Pipeline L.P. 0.00%
59 PAGP Plains Group Holdings, L.P. Class A Shares representing limited partner interests 0.00%
60 NBLX Noble Midstream Partners LP Common Limited Partner Interests 0.00%
61 CVRR CVR Refining, LP Common Limited Partner Interests 0.00%
62 OMP Oasis Midstream Partners LP 0.00%
63 EQGP EQGP Holdings, LP Common Units representing limited partner interests 0.00%
64 EQM EQM Midstream Partners, LP Common Units representing Limited Partner Interests 0.00%
65 GLP Global Partners LP 0.00%
66 PBFX PBF Logistics LP Common Units representing limited partner interests 0.00%
67 USAC USA Compression Partners L.P. 0.00%
68 CAPL CrossAmerica Partners L.P. 0.00%
69 SUN Sunoco L.P. 0.00%
70 ETE Energy Transfer Equity, L.P. Energy Transfer Equity, L.P. Common Units representing Limited Partnership interests 0.00%
71 RMP Rice Midstream Partners LP Common Units representing limited partner interests 0.00%
72 NDRO Enduro Royalty Trust Trust Units representing beneficial interest in the trust 0.00%
73 DMLP Dorchester Minerals L.P. 0.00%
74 CQH Cheniere Energy Partners LP Holdings, LLC 0.00%
75 CQP Cheniere Energy Partners L.P. 0.00%
76 VNOM Viper Energy Partners LP - Common Unit 0.00%
77 VNR Vanguard Natural Res 0.00%
78 NGL NGL Energy Partners LP 0.00%
79 VLP Valero Energy Partners LP Common Units representing limited partner interests 0.00%
80 LGCY Legacy Reserves Inc. 0.00%
81 BPMP BP Midstream Partners LP Common Units representing Limited Partner Interests 0.00%

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