Plains GP Holdings cuts distribution by 10.6%
Plains GP Holdings (PAGP) will cut its quarterly distribution to $0.2065 per unit.
The distribution will be payable on November 14, 2016 to holders of record at the close of business on October 31, 2016.
PAGP announced a quarterly cash distribution of $0.2065 per Class A share ($0.8260 per Class A share on an annualized basis), which equates to an 11% reduction from the quarterly distribution paid in August 2016.
Plains GP Holdings is a publicly traded entity that owns an interest in the general partner and incentive distribution rights of Plains All American Pipeline, L.P., one of the largest energy infrastructure and logistics companies in North America.
Source: Plains GP Holdings
The distribution will be payable on November 14, 2016 to holders of record at the close of business on October 31, 2016.
PAGP announced a quarterly cash distribution of $0.2065 per Class A share ($0.8260 per Class A share on an annualized basis), which equates to an 11% reduction from the quarterly distribution paid in August 2016.
Plains GP Holdings is a publicly traded entity that owns an interest in the general partner and incentive distribution rights of Plains All American Pipeline, L.P., one of the largest energy infrastructure and logistics companies in North America.
Source: Plains GP Holdings
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