Plains GP Holdings (PAA) will raise its quarterly distribution to 26.75 cents quarterly per share. The next dividend will be paid on February 14, 2023 with an ex-dividend date of January 30, 2023. The dividend yield for PAA is 8.9%.

Plains GP Holdings is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America. PAGP is headquartered in Houston, Texas.