Midcoast Energy Partners (NYSE: MEP) declared a quarterly dividend of $0.3575 per share, or $1.43 annualized.

The dividend will be payable on August 12, 2016, to stockholders of record on August 5, 2016, with an ex-dividend date of August 3, 2016.

The annual yield on the dividend is 18.3 percent.

For a dividend history and other dividend-related data on Midcoast Energy Partners (MEP) click here.