Phillips 66 Partners (PSXP) Raises Quarterly Dividend 1.2% to $0.875; 5.6% Yield
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Phillips 66 Partners Increases Quarterly Cash Distribution
January 21, 2020 2:59 PM ESTHOUSTON--(BUSINESS WIRE)-- Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a fourth-quarter 2019 cash distribution of $0.875 per common unit, an increase of one cent per common unit from the third quarter of 2019. This is the twenty-fifth consecutive quarterly distribution increase since Phillips 66 Partners initial public offering in 2013 and represents a 5% increase compared to the fourth-quarter 2018... More
