Enterprise Products Partners (EPD) Declares $0.445 Quarterly Dividend, 14.5% Yield; Reviewing Capital Expenditure Program

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Enterprise Declares Distribution; Reviewing Capital Expenditure Program

March 18, 2020 5:17 PM EDT

HOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (NYSE: EPD) (Enterprise) today announced that the board of directors of its general partner declared the quarterly cash distribution to be paid to our limited partners with respect to the first quarter of 2020 of $0.445 per common unit, or $1.78 per unit on an annualized basis.

The quarterly distribution associated with the first quarter of 2020 is payable on Tuesday, May 12, 2020, to unitholders of record as of the close of business on Thursday, April 30, 2020. This distribution represents a 1.7 percent increase over the distribution declared with respect to the first... More