El Paso Pipeline Partners (EPB) Raises Quarterly Distribution 20% to $0.48; 5.4% Yield

El Paso Pipeline Partners (NYSE: EPB) declared a quarterly distribution of $0.48 per share, or $1.92 annualized. This is a 20% increase from the prior distribution of $0.40.

The distribution will be payable on August 12, 2011, to stockholders of record on July 29, 2011, with an ex-dividend date of July 27, 2011.

The annual yield on the distribution is 5.4 percent.

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