PAGP - Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Second-Quarter 2024 Earnings | Benzinga
HOUSTON, July 03, 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 second quarter of 2024 and also announced timing of second quarter 2024 earnings.
Second Quarter Distribution Declaration
PAA and PAGP announced the following quarterly cash distributions:
- PAA Common Units – $0.3175 per Common Unit ($1.27 per unit on an annualized basis), which is unchanged from the distribution paid in May 2024.
- PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which is unchanged from the distribution paid in May 2024.
- PAA Series A Preferred Units – $0.61524 per Series A Preferred Unit (approximately $2.46 per unit on an annualized basis).
- PAA Series B Preferred Units - $24.77 per Series B Preferred Unit (based on the applicable quarterly floating rate).
The distributions on the PAA Common Units, PAGP Class A Shares and PAA ...