TCP PipeLines LP (TCP) Declares $0.89 Quarterly Dividend; 9.7% Yield

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Go back to TCP PipeLines LP (TCP) Declares $0.89 Quarterly Dividend; 9.7% Yield

TC PipeLines, LP Announces Fourth Quarter Cash Distribution

January 21, 2016 5:30 PM EST

HOUSTON, TEXAS -- (Marketwired) -- 01/21/16 -- 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 fourth quarter 2015 cash distribution of $0.89 per common unit. The distribution is unchanged from the third quarter 2015 distribution and represents a six percent increase from the $0.84 per common unit distribution paid with respect to fourth quarter 2014.

This cash distribution is the 67th consecutive quarterly distribution paid by the Partnership and is payable on February 12, 2016 to unitholders of record at the close of... More