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Stock Market & Financial Investment News

News Breaks
January 7, 2013
08:06 EDTEPDEnterprise Products 'sells out' PDH facility, in talks for second PDH facility
Enterprise Products Partners has executed long-term, fee-based agreements that effectively “sell out” the partnership’s 1.65 billion pounds per year propane dehydrogenation facility that is scheduled to begin operations in the third quarter of 2015. In anticipation of a continuing decrease in supplies of propylene, Enterprise is having ongoing discussions with additional customers that could lead to the development of additional PDH capacity.
News For EPD From The Last 14 Days
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April 17, 2014
09:59 EDTEPDOn The Fly: Analyst Downgrade Summary
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05:36 EDTEPDEnterprise Products downgraded to Hold from Buy at Jefferies
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April 8, 2014
16:12 EDTEPDEnterprise Products increases dividend 6% to 71c
Enterprise Products Partners announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to 71c per common unit, or $2.84 per unit on an annualized basis. The quarterly distribution will be paid on Wednesday, May 7 to unitholders of record as of the close of business on Wednesday, April 30. This distribution, which represents a 6.0% increase over the 67 per unit distribution declared with respect to the Q1 of FY13, is the 48th distribution increase since Enterprise’s initial public offering in 1998 and the 39th consecutive quarterly increase.

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