Midcoast Energy Partners (MEP) Misses Q1 EPS by 9c

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Midcoast Energy Partners (MEP) Raises Quarterly Dividend 1.5% to $0.3475; 9.7% Yield

April 30, 2015 9:11 AM EDT

Midcoast Energy Partners (NYSE: MEP) declared a quarterly dividend of $0.3475 per share, or $1.39 annualized. This is a 1.5% increase from the prior dividend of $0.3425.

The dividend will be payable on May 15, 2015, to stockholders of record on May 8, 2015, with an ex-dividend date of May 6,... More