Enable Midstream Partners (ENBL) Raises Quarterly Dividend 1.1% to $0.316; 9% Yield
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Enable Midstream Partners Increases Quarterly Distribution and Reaffirms 2015 Distribution Outlook
July 22, 2015 6:00 PM EDTOKLAHOMA CITY--(BUSINESS WIRE)-- Enable Midstream Partners, LP (NYSE: ENBL) today announced that on July 22, 2015, the board of directors of its general partner declared a quarterly cash distribution of $0.316 per unit on all outstanding common and subordinated units for the quarter ended June 30, 2015, representing an increase of approximately 1 percent over the prior quarter distribution.
This distribution represents the fourth consecutive quarterly distribution increase since Enable Midstream paid its first quarterly distribution for the second quarter of 2014 and is an increase of approximately 10 percent over the partnerships minimum quarterly distribution of $0.2875 per unit.
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