Phillips 66 Partners LP increases distribution by 1.2 percent in Q2 of 2019 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 1.2%

Wednesday 17 April 2019

Phillips 66 Partners LP (PSXP) wil raise its quarterly distribution by 1.2 percent to $0.845 per unit in the second quarter of 2019.

The next distribution is payable May 14, 2019, to unitholders of record as of April 30, 2019. The new distribution yield for PSXP is 6.9%.

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.

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