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-0.00106321283587859 -0.00173980282234687 -0.000386622849410461 -0.000966557123526083 -0.00560603131645079 -0.00637927701527157 -0.00637927701527157 -0.00637927701527157
Stock impact report

Phillips 66 Partners Announces 5.3 Percent Increase in Quarterly Cash Distribution

Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership (PSXP) 
Last phillips 66 partners lp common units representing limited partner interest in the partnership earnings: 5/1 07:20 am Check Earnings Report
US:NYSE Investor Relations: phillips66partners.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a third-quarter 2018 cash distribution of $0.792 per common unit. This quarter’s distribution represents an increase of 5.3 percent over the previous quarterly distribution of $0.752 per unit and a 22.6 percent increase over third-quarter 2017. The distribution increase is consistent with previous guidance that the partnership expects a 30 percent compound annual distribution growth rate from the last quarter of 2013 through 2018. This is the twentieth consecutive quarterly distribution increase since Phillips 66 Partners’ initial public offering in 2013. The third-quarter distribution is payable Nov. 13, 2018, to unitholders of record as of Oct. 31, 2018. About Phillips 66 Partners Headquartered in Houston, Phillips 66 Partners is a growth-oriented master lim Show less Read more
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