Enterprise Products Partners (EPD) Raises Quarterly Dividend 1.4% to $0.375; 4.5% Yield
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Enterprise Declares Distribution; 43rd Consecutive Quarterly Distribution Increase
April 8, 2015 4:30 PM EDTHOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (NYSE: EPD) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.375 per common unit, or $1.50 per unit on an annualized basis. The quarterly distribution will be paid on Thursday, May 7, 2015, to unitholders of record as of the close of business on Thursday, April 30, 2015. This distribution, which represents a 5.6 percent increase over the distribution declared with respect to the first quarter of 2014, is the 52nd distribution increase since Enterprises initial public offering... More
