Duncan Energy Board Raises Cash Distribution
The Associated Press
04/15/09 - 04:42 PM EDT
HOUSTON (AP) Duncan Energy Partners LP said Wednesday its board of directors raised the quarterly cash distribution paid to partners by 4.9 percent, or 2 cents per unit.
The new rate is 43 cents per unit quarterly and $1.72 per unit annually.
The cash distribution will be paid May 8 to unitholders of record at the close of business on April 30.