TCP PipeLines LP (TCP) Raises Quarterly Dividend 6% to $0.89; 6.5% Yield

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Go back to TCP PipeLines LP (TCP) Raises Quarterly Dividend 6% to $0.89; 6.5% Yield

TC PipeLines, LP Increases 2015 Second Quarter Cash Distribution by Six Percent

July 23, 2015 5:30 PM EDT

HOUSTON, TEXAS -- (Marketwired) -- 07/23/15 -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared the Partnership's second quarter 2015 cash distribution of $0.89 per common unit. The distribution represents a 6 percent increase from the $0.84 per common unit paid in first quarter 2015.

"This is a sizable increase in the quarterly distribution to our unitholders and reflects the recent dropdowns of the remaining interests in GTN and Bison together with the continued steady performance of our assets," remarked Steve Becker, President... More

TC PipeLines, LP to Release Second Quarter 2015 Results on August 6

July 23, 2015 11:00 AM EDT

HOUSTON, TEXAS -- (Marketwired) -- 07/23/15 -- TC PipeLines, LP (NYSE: TCP) (the Partnership) will release its second quarter 2015 financial results on Thursday, August 6, 2015. Steve Becker, president of the general partner, will discuss the Partnership's financial results and latest developments in a teleconference and webcast on Thursday, August 6 at 10:30 a.m. (CDT)/11:30 a.m.... More