PAA for High Yield

[dan_s]

Plains All American Pipeline LP (PAA) continues to share more benefits with its unitholders by increasing the cash distribution rate. The partnership has increased the quarterly cash distribution rate by 2.2% sequentially and 10.3% year over year to 58.75 cents per unit. The new distribution will be paid on Aug 14, 2013, to unitholders of record as of Aug 2.

http://finance.yahoo.com/news/plains-up ... 02393.html

PAA in our High Yield Income Portfolio because I believe it has the ability to increase distributions to unit holders by approximately 10% year after year.

At today's unit price the annual yield is ~4.3%.

[dan_s]

Plains All American Pipeline, LP (PAA) has announced an increase in their distributions to unit holders. An updated profile has been posted under the MLP Tab.