Enbridge Energy Partners (EEP) Declares $0.583 Quarterly Dividend; 10.8% Yield

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Enbridge Energy Partners, L.P. Declares Distribution for First Quarter 2016

April 29, 2016 4:00 PM EDT

HOUSTON, TX -- (Marketwired) -- 04/29/16 -- Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners") announced today that the board of directors of its general partner has declared a quarterly cash distribution of $0.583 per unit, or $2.332 per unit on an annualized basis on all of its outstanding units for the quarter ended March 31, 2016. The approved distribution remains unchanged from the previous quarter and represents an increase of 2.3 percent over the first quarter of 2015. The distribution is payable on May 13, 2016, to unitholders of record at the close of business on May 6,... More