Inergy (NRGY) Increased Limited Partner Dividend to $0.675
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The Board of Directors of Inergy GP, LLC, managing general partner of Inergy, L.P. (NASDAQ: NRGY), today announced an increase in the company’s quarterly cash distribution to $0.675 per limited partner unit, of $2.70 annualized.
The distribution will be paid on November 13, 2009, to unitholders of record as of November 6, 2009. The ex-dividend date is November 4, 2009.
This represents the 32nd consecutive quarterly increase and an approximate 6.3% increase over the distribution for the same quarter of the prior year.
Inergy, L.P. operates as an energy infrastructure and distribution company.
The distribution will be paid on November 13, 2009, to unitholders of record as of November 6, 2009. The ex-dividend date is November 4, 2009.
This represents the 32nd consecutive quarterly increase and an approximate 6.3% increase over the distribution for the same quarter of the prior year.
Inergy, L.P. operates as an energy infrastructure and distribution company.
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