SmarterDividends
PAGP

Plains GP Holdings, L.P.

PAGP

Energy · Stock · quarterly payer

Forward Yield

6.44%

Annual Dividend

$1.60

Payout Ratio

200%

5-Yr Growth

16.1%

Ex-Date

May 1, 2026

Frequency

Quarterly

PAGP Dividend Safety Score

59/ 100
Grade C

Borderline

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage200% of earnings paid out
Free-cash-flow coverage28% of free cash flow
Balance-sheet strengthDebt/equity of 0.83
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PAGP a good dividend stock?

Yes, with caveats

Plains GP Holdings, L.P. (PAGP) pays a quarterly dividend yielding 6.44% ($1.60/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 16.1% 5-yr dividend growth
  • 105% total price return over 5 years

Risks

  • Cut its dividend in 2020
  • Elevated payout ratio (200%)

Key Data

Dividend Yield
6.44%
Payout Ratio
200%
Annual Dividend
$1.60
5-Yr Avg Growth
16.1%
Ex-Dividend Date
May 1, 2026
Years of Growth
5
Frequency
quarterly
Beta
0.42
Market Cap
$5.8B
P/E Ratio
31.8
5-Yr Total Return
105%
52-Week Range
$16.68 – $26.15
Dividend Safety
C · 59/100
Ever Cut?
Yes (2020)
PAGP ex-dividend date & scheduleNext ex-date May 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.60 / yr per share

Per payment (quarterly)$40.00
Annual$160.00
Monthly avg$13.33