Columbia Pipeline Partners (CPPL) Raises Quarterly Dividend 5.3% to $0.1975; 5.2% Yield

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Columbia Pipeline Partners LP Announces Increase to Quarterly Distribution

August 1, 2016 4:30 PM EDT

HOUSTON, Aug. 1, 2016 /PRNewswire/ -- The Board of Directors of CPP GP LLC, as general partner of Columbia Pipeline Partners LP (NYSE: CPPL) ("CPPL" or the "Partnership"), today approved a quarterly distribution payment of $0.1975 per unit for CPPL, payable on August 19, 2016, to both common and subordinated unit holders of record at the close of business on August 12, 2016. This distribution represents an approximately 5.3 percent increase over the prior quarter's distribution of $0.1875 per unit.

1446 Qualified Notice  This notice is intended to serve as qualified notice to nominees pursuant to Treasury Regulation 1.1446-4(b).... More