Enterprise Products Partners (EPD) Raises Quarterly Dividend 1.3% to $0.395; 6.5% Yield
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Enterprise Declares 47th Consecutive Quarterly Distribution Increase
April 11, 2016 7:55 AM EDTHOUSTON--(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 $0.395 per common unit, or $1.58 per unit on an annualized basis. This distribution rate with respect to the first quarter of 2016 is consistent with the distribution Enterprises management planned to recommend to the board of Enterprises general partner as indicated in the press release dated January 4, 2016.
The quarterly distribution will be paid on Friday, May 6, 2016, to... More
