Plains All American Pipeline Stock To Go Ex-dividend Tomorrow (PAA)

NEW YORK ( TheStreet) -- The ex-dividend date for Plains All American Pipeline (NYSE: PAA) is tomorrow, August 1, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.06 per share. At a price of $86.71 as of 9:30 a.m. ET, the dividend yield is 4.9%.

The average volume for Plains All American Pipeline has been 448,400 shares per day over the past 30 days. Plains All American Pipeline has a market cap of $13.9 billion and is part of the basic materials sector and energy industry. Shares are up 18% year to date as of the close of trading on Monday.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, refined products, and liquid petroleum gas (LPG) products in the United States and Canada. The company has a P/E ratio of 17.2, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Plains All American Pipeline as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Plains All American Pipeline Ratings Report.

See our dividend calendar or top-yielding stocks list.
null

If you liked this article you might like

Hurricane Harvey Won't Stop This Pipeline Company's Stock From Surging 20%

Here Are the Best Energy Stocks to Buy Even if Oil Plunges to $20

Analysts' Actions -- Colgate, Clorox, Cummins, McDonald's, Splunk and More

Plains All American Beefs Up in White-Hot Permian Basin

Jefferies' Bustling Energy Practice Is Killing It