Distribution announced $0.7025 per unit
Williams Partners L.P. (NYSE:WPZ - News) announced today that the regular quarterly cash distribution its unitholders receive has been increased to $0.7025 per unit.
The new per-unit amount is a 2-percent increase over the partnership's third-quarter 2010 distribution of $0.6875 per unit and an 11-percent increase over the partnership's fourth-quarter 2009 distribution of $0.635 per unit.
The board of directors of the partnership's general partner has approved the quarterly cash distribution, which is payable on Feb. 11, 2011, to unitholders of record at the close of business on Feb. 4.