Enterprise Products Partners (EPD) Raises Quarterly Dividend 1.2% to $0.415; 6% Yield
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Enterprise Declares Quarterly Distribution Increase
April 5, 2017 8:51 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 $0.415 per common unit, or $1.66 per unit on an annualized basis.
The quarterly distribution will be paid on Monday, May 8, 2017, to unitholders of record as of the close of business on Friday, April 28, 2017. This distribution, which represents a 5.1 percent increase over the distribution declared with respect to the first quarter of 2016, is the 60th distribution increase since Enterprises initial... More
