Enterprise Products Partners (EPD) Raises Quarterly Dividend 1.3% to $0.39; 6.1% Yield
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Enterprise Declares 46th Consecutive Quarterly Distribution Increase
January 4, 2016 7:00 AM ESTHOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (NYSE: EPD) (Enterprise) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.39 per common unit, or $1.56 per unit on an annualized basis. The quarterly distribution will be paid on Friday, February 5, 2016, to unitholders of record as of the close of business on Friday, January 29, 2016. This distribution, which represents a 5.4 percent increase over the distribution declared with respect to the fourth quarter of 2015, is the 55th distribution increase since Enterprises initial public... More
