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Plains All American Pipeline (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.

Copyright (2012) Market News Video.