Enterprise Products Partners (EPD) Raises Quarterly Dividend 0.6% to $0.4225; 6.3% Yield
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Enterprise Declares Quarterly Distribution Increase
October 12, 2017 4:11 PM 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 limited partners to $0.4225 per common unit, or $1.69 per unit on an annualized basis.
The quarterly distribution will be paid on Tuesday, November 7, 2017, to unitholders of record as of the close of business on Tuesday, October 31, 2017. This distribution, which represents a 4.3 percent increase over the distribution declared with respect to the third quarter of 2016, is the 53rd consecutive quarterly increase.
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