Plains All American (PAA) has announced its latest dividend details. The ex-dividend date is set for Jul 31, 2025, with the announcement made on Jul 2, 2025, and the dividend to be paid on Aug 14, 2025. Shareholders will receive $0.380 per share, a value that is notably higher than the company's average dividend over the last ten instances, which stood at approximately $0.258. The dividend type, translated from Chinese, is a cash dividend. The last dividend was distributed on May 15, 2025, at the same per-share rate of $0.380, also categorized as a cash dividend.
Recently,
, L.P. has been active in the market and industry news. Over the past week, Wolfe Research has downgraded
from an "Outperform" to a "Peer Perform" rating. This decision reflects a reevaluation of the company's performance compared to its industry peers. Analysts indicated that this adjustment does not include changes to the stock's price target, emphasizing the need for investors to monitor further developments closely.
In addition to the rating downgrade, Plains All American has made significant strides in its business operations. As of late, the company announced the execution of definitive agreements for a substantial $3.75 billion sale of its NGL business to Keyera. This move is part of a strategic realignment that may affect its operational focus and financial health in the coming periods.
Since the last update, Texas Yale Capital Corp. has increased its investment in Plains All American by 15.6% during the first quarter. This reflects a growing confidence among institutional investors regarding the company's potential, despite recent market fluctuations and the downgrade by Wolfe Research. Investors are advised to remain vigilant as these developments unfold, considering both the company's strategic moves and the evolving market sentiment.
In conclusion, Plains All American is navigating a complex market environment with strategic decisions and changing analyst perceptions. Investors should note that Jul 31, 2025, marks the last day to purchase the company's stock to qualify for the upcoming dividend. Buying shares after this ex-dividend date will not entitle investors to the current dividend payout.
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