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0.000416840350145811 0.000416840350145811 0.00416840350145885 -0.000521050437682338 0.00145894122551064 0.000416840350145811 0.000416840350145811 0.000416840350145811
Stock impact report

Phillips 66 Partners Announces 5.4 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 fourth-quarter 2018 cash distribution of $0.835 per common unit. This quarter’s distribution represents an increase of 5.4 percent over the previous quarterly distribution of $0.792 per unit and a 23.2 percent increase over fourth-quarter 2017. With this distribution increase, the partnership has achieved its stated objective of a 30 percent compound annual distribution growth rate from the fourth quarter of 2013 through 2018. This is the twenty-first consecutive quarterly distribution increase since Phillips 66 Partners’ initial public offering in 2013. The fourth-quarter distribution is payable February 13, 2019, to unitholders of record as of February 1, 2019. About Phillips 66 Partners Headquartered in Houston, Phillips 66 Partners is a growth-oriented m Show less Read more
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