Plains All American Pipeline As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
PAA $1.07 23.0% 20.8% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Midstream MLP 7.2% 2 -2.3% Quarter 1999

Plains All American Pipeline, L.P. (PAA) will raise its quarterly distribution to $0.30 per common unit. Cash retained will be used to reduce indebtedness, according to the company.

The distribution will be payable on November 14, 2017 to holders of record at the close of business on October 31, 2017.

Plains All American Pipeline, L.P. is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids ("NGL"), natural gas and refined products.