Phillips 66 Partners (PSXP) Raises Quarterly Dividend 8.8% to $0.37; 2.1% Yield

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Go back to Phillips 66 Partners (PSXP) Raises Quarterly Dividend 8.8% to $0.37; 2.1% Yield

Phillips 66 Partners Announces 9 Percent Increase in Quarterly Cash Distribution

April 22, 2015 3:02 PM EDT

HOUSTON--(BUSINESS WIRE)-- Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a first-quarter 2015 cash distribution of $0.37 per limited partnership unit. This quarters distribution represents an increase of 9 percent over the previous quarterly distribution of $0.34 per unit and a 35 percent increase over first-quarter 2014. The distribution is payable May 12,... More