Encore Energy Partners (ENP) Lowers Quarterly Dividend 6% to $0.47; 9.1% Yield

Encore Energy Partners (NYSE: ENP) declared a quarterly dividend of $0.47 per share, or $1.88 annualized. This is a 6% decrease from the prior dividend of $0.50.

The dividend will be payable on August 12, 2011, to stockholders of record on August 5, 2011, with an ex-dividend date of August 3, 2011.

The annual yield on the dividend is 9.1 percent.

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