Spectra Energy Partners board of directors boosts distribution 2.5 percent to 41 cents
By APFriday, January 22, 2010
Spectra Energy Partners board boosts distribution
HOUSTON — Natural gas pipeline operator Spectra Energy Partners LP said Friday the board of its general partner raised the quarterly distribution 2.5 percent.
The board raised the distribution to 41 cents per unit in the fourth quarter from 40 cents per unit during the third quarter.
The distribution is payable Feb. 12 to unitholders of record as of Feb. 2.
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