PAA MLP — Plains All American Pipeline LP

Plains All American Pipeline LP (PAA)

Updated October 16, 2026.

PAA is a MLP. its distribution rate is 6.61%, its trailing-12-month yield is 6.47%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 1810.4% over the past 27.9 years, 831.2 points ahead of SPY at 979.2%.

PAA performance versus SPY

Price and return data through 2026-10-16.

Total return is 1810.4% over the past 27.9 years, 831.2 points ahead of SPY at 979.2%. Over the past year its total return — price change plus distributions reinvested — is 71.7%. Its deepest 1-year drawdown was 11.6%.

PAA key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

6.61%

Issuer

Plains All American

Asset type

MLP

Asset class

Equity

Distribution rate

6.61%

Distribution frequency

Quarterly

Trailing yield

6.47%

5-year average yield

7.1

Last close

$25.25 (stale; as of 2026-10-16)

Market cap

$17,815,553,115

Average volume

3050900.0

Dividend

$0.4175

Ex-dividend date

10/30/2026

Payment date

11/13/2026

Beta

0.547

Payout ratio

105.0%

P/E ratio

21.77

Forward P/E

13.0719

EPS

$1.16

How Dividend Vision calculates yield and returns

Distribution rate (6.61%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.47%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Plains All American or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PAA risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 11.6%.

Who may consider PAA — and who may not

PAA may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (PAA pays quarterly). This is educational context, not a recommendation to buy or sell.

More on PAA

• All tickers starting with P

Tagged: MLP, Midstream energy, Pipelines.

Frequently asked questions

More securities from Plains All American.