logo
Plus   Neg
Share
Email

Enterprise Products Boosts Cash Distribution 2.3% - Quick Facts

While reporting financial results for the second quarter, Enterprise Products Partners L.P. (EPD) on Wednesday increased its cash distribution with respect to the second quarter of 2019 by 2.3 percent to $0.44 per unit, payable on August 13, 2019 to unitholders of record as of the close of business on July 31, 2019.

Enterprise said it has elected to use common units purchased on the open market from now on, rather than issuing new common units to satisfy the delivery obligations under the partnership's Distribution Reinvestment Plan and Employee Unit Purchase Plan.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Pizza Hut has partnered with Cheez-It to launch a new item to its menu - the Stuffed Cheez-It Pizza. The pizza chain, a subsidiary of Yum! Brands, said that the new item combines Pizza Hut pizza and the Cheez-It cheese snack. Stuffed Cheez-It Pizza will be available on Pizza Hut menus nationwide for a limited-time. Pizza Hut is the official pizza sponsor of the NFL and NCAA. The U.S. Food and Drug Administration on Tuesday unveiled a new international collaboration for simultaneous review and approval of cancer drugs along with the agency's Australian and Canadian counterparts. The simultaneous approval of cancer therapies by the three regulators is intended to accelerate the process of making these new treatments available to patients around the world. Humanscale Corp. recalled about 24,900 units of QuickStand Lite workstations for concerns of injury hazard. These include about 2,200 units sold in Canada. The recalled workstation's arm can break and cause the workstation to fall, posing a risk of injury. The company has already received 52 reports of the arm breaking, including 12 reports of minor injuries.
Follow RTT