{"id":515367,"date":"2021-07-20T16:33:31","date_gmt":"2021-07-20T20:33:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/phillips-66-partners-declares-quarterly-cash-distribution-2\/"},"modified":"2021-07-20T16:33:31","modified_gmt":"2021-07-20T20:33:31","slug":"phillips-66-partners-declares-quarterly-cash-distribution-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/phillips-66-partners-declares-quarterly-cash-distribution-2\/","title":{"rendered":"Phillips 66 Partners Declares Quarterly Cash Distribution"},"content":{"rendered":"

<\/p>\n

Phillips 66 Partners Declares Quarterly Cash Distribution<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nPhillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a second-quarter 2021 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. The quarterly distribution is payable Aug. 13, 2021, to unitholders of record as of July 30, 2021.\n<\/p>\n

About Phillips 66 Partners<\/b><\/p>\n

\nHeadquartered in Houston, Phillips 66 Partners is a growth-oriented master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines, terminals and other midstream assets. For more information, visit www.phillips66partners.com<\/a>.<\/i><\/p>\n

TAX CONSIDERATIONS<\/sup><\/b><\/p>\n

This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100% of Phillips 66 Partners LP\u2019s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Phillips 66 Partners LP\u2019s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate. Nominees, and not Phillips 66 Partners LP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.<\/sup><\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210720006147\/en\/<\/a><\/span><\/p>\n

\nJeff Dietert (investors)
\n
832-765-2297
\n
jeff.dietert@p66.com<\/a><\/p>\n

\nShannon Holy (investors)
\n
832-765-2297
\n
shannon.m.holy@p66.com<\/a><\/p>\n

\nThaddeus Herrick (media)
\n
855-841-2368
\n
thaddeus.f.herrick@p66.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Texas<\/p>\n

INDUSTRY KEYWORDS:<\/b> Energy Professional Services Oil\/Gas Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Phillips 66 Partners Declares Quarterly Cash Distribution HOUSTON–(BUSINESS WIRE)– Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a second-quarter 2021 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. The quarterly distribution is payable Aug. 13, 2021, to unitholders of record as of July 30, 2021. About Phillips 66 Partners Headquartered in Houston, Phillips 66 Partners is a growth-oriented master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines, terminals and other midstream assets. For more information, visit www.phillips66partners.com. TAX CONSIDERATIONS This release is intended to be a qualified notice … <\/p>\n

Continue reading “Phillips 66 Partners Declares Quarterly Cash Distribution”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515367","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPhillips 66 Partners Declares Quarterly Cash Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/phillips-66-partners-declares-quarterly-cash-distribution-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phillips 66 Partners Declares Quarterly Cash Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Phillips 66 Partners Declares Quarterly Cash Distribution HOUSTON–(BUSINESS WIRE)– Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a second-quarter 2021 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. The quarterly distribution is payable Aug. 13, 2021, to unitholders of record as of July 30, 2021. About Phillips 66 Partners Headquartered in Houston, Phillips 66 Partners is a growth-oriented master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines, terminals and other midstream assets. For more information, visit www.phillips66partners.com. 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