PAGP - Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Fourth-Quarter 2023 Earnings | Benzinga
HOUSTON, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) today announced their quarterly distributions with respect to the fourth quarter of 2023 and also announced timing of fourth quarter 2023 earnings.
Fourth Quarter Distribution Declaration
PAA and PAGP announced the following quarterly cash distributions, each of which will be payable on February 14, 2024 to holders of the respective securities at the close of business on January 31, 2024:
- PAA Common Units – $0.3175 per Common Unit ($1.27 per unit on an annualized basis), which represents a $0.05 increase from the distribution paid in November 2023 ($0.20 per unit increase, or 19%, on an annualized basis).
- PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which also represents a $0.05 increase from the distribution paid in November 2023 ($0.20 per unit increase, or 19%, on an annualized basis).
- PAA Series A Preferred Units – ...