ºÚÁÏÉç

Skip to main content

Enable Midstream Partners increases quarterly distribution

 

Published by
World ºÚÁÏÉç,

Enable Midstream PartnersºÚÁÏÉç™ owns, operates and develops natural gas and crude oil infrastructure assets. On 22 July 2015, the partnersºÚÁÏÉç™ 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 quarterºÚÁÏÉç™s 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 partnershipºÚÁÏÉç™s 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 partnershipºÚÁÏÉç™s 4Q14 distribution to the projected 4Q15 distribution.

Edited from source by