Phillips 66 Partners increases distribution by 5 percent in Q1 of 2018 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Phillips 66 Partners	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Phillips 66 Partners	PSXP	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

Phillips 66 Partners hikes distribution by 5%

Wednesday 17 January 2018

Phillips 66 Partners (PSXP) wil raise its quarterly distribution by five percent to $0.678 per unit in the first quarter of 2018.

The new distribution is payable February 13, 2018, to unitholders of record as of January 31, 2018. The new distribution yield for PSXP is 5.0%.

Phillips 66 Partners is a growth-oriented master limited partnership formed by Phillips 66 (PSX) to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum product and natural gas liquids pipelines and terminals and other transportation and midstream assets.

Phillips 66 Partners

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