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Spectra Energy Partners, LP Message Board

  • rjraecek rjraecek Oct 17, 2013 7:48 PM Flag

    distribution increase

    Spectra Energy Partners, LP (NYSE: SEP) announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $0.51625 per unit, an increase of three-quarters of a cent over the previous level of $0.50875 per unit. This is the 24th consecutive quarter that Spectra Energy Partners has increased its quarterly cash distribution. The cash distribution is payable on November 14, 2013, to unitholders of record at the close of business on October 31, 2013. This quarterly cash distribution equates to $2.065 per unit on an annual basis.

    Sentiment: Strong Buy

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