PAGP

Dividend Increases/Decreases for the Week Ending September 30

by

Below we provide a list of firms that raised/lowered their dividends during the week ending September 30. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week American Express (AXP): now $0.32 per share quarterly dividend, was $0.29. Artesian Resources Corporation (ARTNA): now $0.2283 per share quarterly dividend, was $0.2249. AZZ (AZZ): now $0.17 per share quarterly dividend, was $0.15. BancFirst (BANF): now $0.38 per share quarterly dividend, was $0.36. Banner (BANR): now $0.23 per share quarterly dividend, was $0.21. Calavo Growers (CVGW): now $0.90 per share annual dividend, was $0.80. Clacor (CLC): … Read more

This MLP’s Distribution Is At Serious Risk

by

A version of this article was originally published on November 16. The Keystone XL pipeline has been perhaps the most talked about issue surrounding midstream operators in recent years. The rejection of the proposed pipeline by the US government has brought increased attention and bravado to pipeline opponents, while also highlighting the increased risks associated with midstream entities. Specifically, pipeline opponents are now turning their attention to Kinder Morgan’s (KMI) Trans Mountain pipeline in southern Canada. Environmental advocates are pushing for a similar result that was realized along the northern Pacific coast of Canada, where the Canadian government will ban crude oil tankers, effectively ending the usefulness of Enbridge’s (ENB) Northern Gateway pipeline. These developments are both damaging to pipeline … Read more

Dividend Increases for the Week Ending October 9

by

Below we provide a list of firms that raised their dividends during the week ending October 9. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Ameren (AEE): now $0.425 per share quarterly dividend, was $0.41. Diversified Royalty (BEVFF): now C$0.01854 per share monthly dividend, was C$0.01667. Genesis Energy (GEL): now $0.64 per share quarterly dividend, was $0.625. Goodyear Tire & Rubber (GT): now $0.07 per share quarterly dividend, was $0.06. InfraCap MLP ETF (AMZA): now $0.515 per share quarterly dividend, was $0.51. MV Oil Trust (MVO): now $0.21 per share quarterly … Read more

Dividend Increases for the Week Ending January 9

by

Below we provide a list of firms that raised their dividends during the week ending January 9. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week ADT (ADT): now $0.21 per share quarterly dividend, was $0.20. BP Prudhoe Bay Royalty Trust (BPT): now $2.69 per share quarterly dividend, was $2.03. DDR (DDR): now $0.1725 per share quarterly dividend, was $0.155. Ford (F): now $0.15 per share quarterly dividend, was $0.125. Nordic American Tankers (NAT): now $0.22 per share quarterly dividend, was $0.14. Plains All American Pipeline (PAA): now $0.675 per share quarterly … Read more

Plains All American to Undergo Simplification Transaction

by

Image Source: Plains All American “Quarterly distribution cuts for Plains All American and Plains GP Holdings will be 21% and 11%, respectively, which should come as no surprise to those who have been following our work.” — Kris Rosemann, Valuentum Securities Plains All American (PAA) had previously hinted at a simplification transaction that will combine the economic interests of varying levels of partnership of its master limited partnership (MLP) business model in its 2016 Investor Day presentation, but the company has now entered into a definitive agreement to simplify its corporate governance. The end result of the deal will be one MLP security and one corporate security with pre-tax economic parity between the two. Plains All American will remain an … Read more

Dividend Increases/Decreases for the Week April 29

by

Below we provide a list of firms that raised their dividends during the week ending April 29. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week      Adecoagro (AGRO): now $0.1571 per share semi-annual dividend. AGCO (AGCO): now $0.24 per share quarterly dividend, was $0.20. Alexander & Baldwin (ALEX): now $0.20 per share quarterly dividend, was $0.19. Alliance Resource Partners (ARLP): now $0.35 per share quarterly dividend, was $0.25. Altra Industrial Motion (AIMC): now $0.09 per share quarterly dividend, was $0.08. American Water Works (AWK): now $0.655 per share quarterly dividend, was $0.603. … Read more