Plains All American Pipeline (PAA and PAGP) Update - June 12

[dan_s]

Our updated profile and my forecast/valuation model for PAA has been posted to the EPG website.

My updated valuations are $23 for PAA and $22 for PAGP.

These are "Growth + Income" investments with dividend yields over 8% AND they will be increasing dividends each year for up to five years.

For both companies the dividends are considered return of capital (non-taxable).