Plains All American Pipeline (NYSE:PAA) announced its quarterly dividend of 1 dollar and 4.5 cents per share, an increase of about 2% over its prior dividend in February of 1 dollar and 2.5 cents. The distribution will be payable on May 15, 2012, to holders of record of such units at the close of business on May 4, 2012.
Shares are lower by about 2.4 percent.
In other dividend news, Walgreen Company (WAG) maintained its quarterly dividend of 22.5 cents per share. Pitney Bowes Incorporated (NYSE:PBI) maintained its quarterly dividend of 37.5 cents per share. Maximus Incorporated (NYSE:MMS) maintained its quarterly dividend of 9 cents per share. PAA Natural Gas Storage Limited Partnership (PNG) maintained its quarterly dividend of 35.75 cents per share.
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