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Enterprise Products Partners L.P. Message Board

  • rjraecek rjraecek Oct 14, 2013 12:22 PM Flag


    Enterprise Products Partners L.P. (NYSE: EPD) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.69 per common unit, or $2.76 per unit on an annualized basis. The quarterly distribution will be paid on Thursday, November 7, 2013, to unitholders of record as of the close of business on Thursday, October 31, 2013. This distribution, which represents a 6.2 percent increase over the $0.65 per unit distribution declared with respect to the third quarter of 2012, is the 46th distribution increase since Enterprise's initial public offering in 1998 and the 37th consecutive quarterly increase.

    Sentiment: Strong Buy

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