Duncan Energy Board Raises Cash Distribution

Stock quotes in this article: DEP  

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.

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