Enterprise Products Partners (EPD) Raises Quarterly Dividend 1.2% to $0.42; 6.2% Yield

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Go back to Enterprise Products Partners (EPD) Raises Quarterly Dividend 1.2% to $0.42; 6.2% Yield

Enterprise Declares Quarterly Distribution Increase

July 5, 2017 8:00 AM EDT

HOUSTON--(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 $0.42 per common unit, or $1.68 per unit on an annualized basis.

The quarterly distribution will be paid on Monday, August 7, 2017, to unitholders of record as of the close of business on Monday, July 31, 2017. This distribution, which represents a 5.0 percent increase over the distribution declared with respect to the second quarter of 2016, is the 61st distribution increase since Enterprises initial... More