Sunday, June 15, 2014

Plains All American Dividend History a Comfort To Investors

Looking at the universe of stocks we cover at Dividend Channel, on 1/29/14, Plains All American Pipeline (PAA) will trade ex-dividend, for its quarterly dividend of 61.5 cents per share, payable on 2/14/14.

As a percentage of PAA’s recent stock price of $51.76, this dividend works out to approximately 1.19%, so look for shares of Plains All American Pipeline to trade 1.19% lower — all else being equal — when PAA shares open for trading on 1/29/14.

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Below is a dividend history chart for PAA, showing historical dividends prior to the most recent 61.5 cents per share declared by Plains All American Pipeline:

11390834565 Plains All American Dividend History a Comfort To Investors

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PAA is likely to continue, and whether the current estimated yield of 4.75% on annualized basis is a reasonable expectation of annual yield going forward.

The chart below shows the one year performance of PAA shares, versus its 200 day moving average:

11390834566 Plains All American Dividend History a Comfort To Investors

Looking at the chart above, PAA’s low point in its 52 week range is $47.26 per share, with $59.52 as the 52 week high point — that compares with a last trade of $51.83.

According to the ETF Finder at ETF Channel, PAA makes up 5.05% of the MLP ETF which is trading up by about 0.1% on the day Monday.

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