Log in to your IBTimes Account

close
ID
Password

Plains All American Pipeline ups cash distribution



By AP
14 July 2008 @ 09:35 am EST

HOUSTON - Petroleum pipeline operator Plains All American Pipeline L.P. said Monday it raised its regular quarterly cash distribution to 88.75 cents per limited partner unit.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
PAA 31.76 -2.43

SYMBOL LOOKUP

The distribution will be payable Aug. 14 to holders of record at the close of business on Aug. 4.

The company paid out a distribution of 86.5 cents in May.

Plains All American plans to raise its 2008 distribution by 25 cents to 30 cents per unit this year, an increase of 7.4 to nearly 9 percent over the company's November 2007 distribution.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register



advertisement
More Industries
Mwana Africa is considering halting all exploration in the Democratic Republic of Congo after BHP Billiton pulled out of two diamond exploration agreemen...
African Eagle Resources has raised its stake in the Mokambo joint venture to 87% and says 2008 drill results were "promising".
Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday to restructure their ailing companies an...

Advertisement
Reach emerging Latin American markets!

Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish

Build Business Credit for your company with NO PERSONAL GUARANTEES!

Building your business and corporate credit for your small business.

Buy Foreclosures & Use Our Money

Split Big Profits! You Find it & We Fund it! Co-Own Or Cash Out! Get Free Info Kit Now!

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives