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.
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