Spectra Energy Partners (SEP) Raises Quarterly Dividend 2% to $0.65125; 5.4% Yield

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Spectra Energy Partners Announces 34th Consecutive Quarterly Cash Distribution Increase

May 4, 2016 6:25 AM EDT

HOUSTON, May 4, 2016 /PRNewswire/ -- Spectra Energy Partners, LP (NYSE: SEP) announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $0.65125 per unit, an increase of 1.25 cents over the previous level of $0.63875 per unit. This is the 34th consecutive quarter that Spectra Energy Partners has increased its quarterly cash distribution. The cash distribution is payable on May 27, 2016, to... More