BOSTON (Thomson Financial) - Enterprise GP Holdings L.P. Tuesday said its
board has increased its quarterly cash distribution rate to partners by 16.4% to
42.5 cents per unit from 36.5 cents. The cash distribution will be paid on May 8
to unitholders of record as of the close of business April 30.
Separately, Enterprise Products Partners L.P. said its board increased its
quarterly cash distribution rate to partners by 6.8% to 50.75 cents per common
unit from 47.5 cents.
The quarterly distribution will be paid on May 7 to unitholders of record at
the close of business April 30.
Shares of Enterprise GP closed Monday at $30.61, while shares of Enterprise
Products closed at $29.55.
Casey Logan
cl/vj
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