STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.22
Forward Annual Dividend Rate
$1.27
Yield
Trailing Annual Dividend Yield
7.03%
Forward Annual Dividend Yield
7.35%
Dividend Date
Dividend Date
Nov 13, 2020
Ex-dividend Date
Oct 29, 2020
8.27 %
154.84
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 08, 2020 | 0.18 | Oct 29, 2020 | Oct 30, 2020 | Nov 13, 2020 |
| Jul 06, 2020 | 0.18 | Jul 30, 2020 | Jul 31, 2020 | Aug 14, 2020 |
| Apr 07, 2020 | 0.18 | Apr 30, 2020 | May 01, 2020 | May 15, 2020 |
| Jan 08, 2020 | 0.36 | Jan 30, 2020 | Jan 31, 2020 | Feb 14, 2020 |
| Oct 07, 2019 | 0.36 | Oct 30, 2019 | Oct 31, 2019 | Nov 14, 2019 |
| Jul 03, 2019 | 0.36 | Jul 30, 2019 | Jul 31, 2019 | Aug 14, 2019 |
| Apr 04, 2019 | 0.36 | Apr 30, 2019 | May 01, 2019 | May 15, 2019 |
| Oct 05, 2018 | 0.3 | Oct 30, 2018 | Oct 31, 2018 | Nov 14, 2018 |
| Jul 09, 2018 | 0.3 | Jul 30, 2018 | Jul 31, 2018 | Aug 14, 2018 |
| Apr 09, 2018 | 0.3 | Apr 30, 2018 | May 01, 2018 | May 15, 2018 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Nov 16, 2016 | 375:1000 | +1.10% | -3.94% |
Frequently Asked Questions
Is Plains GP Holdings, L.P. (PAGP) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Plains GP Holdings, L.P. is also among the companies that regularly pay dividends.
What is PAGP's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. PAGP's annual dividend yield for the trailing 12 months is 7.03.
When did PAGP last pay a dividend?
PAGP last paid dividends on 2020-11-13, with the ex-dividend date being 2020-10-29.
When was the last time PAGP stock split?
PAGP stock split took place on 16-11-2016.
How did PAGP's stock split work?
Its last split took place on Nov 16, 2016, when Plains GP Holdings, L.P. went through a 375:1000 split leaving the shareholder with 375 share(s) who previously owned 1000 PAGP share(s).