Enable Midstream Partners increases quarterly distribution
Published by Elizabeth Corner,
Senior Editor
World 海角吃瓜网,
Enable Midstream Partners海角吃瓜网� owns, operates and develops natural gas and crude oil infrastructure assets. On 22 July 2015, the partners海角吃瓜网� Board of Directors of its general partner declared a quarterly cash distribution of US$0.316 per unit on all outstanding common and subordinated units for the quarter ended 30 June 2015.
This price represents an increase of approximately 1% over the prior quarter海角吃瓜网檚 distribution, the fourth consecutive quarterly distribution increase since the company paid its first quarterly distribution for 2Q14. Moreover, it is an increase of approximately 10% over the partnership海角吃瓜网檚 minimum quarterly distribution of US$0.2875 per unit.
Enable Midstream has also announced that is reaffirming its 2015 distribution guidance of 3% to 7% growth, as measured from the partnership海角吃瓜网檚 4Q14 distribution to the projected 4Q15 distribution.
Edited from source by
Read the article online at: /business-news/24072015/enable-midstream-partners-increases-quarterly-distribution/
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