Enterprise Products Partners Raises Dividend -- Not Much -- But Keeps The Record Going -- April 9, 2015

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Enterprise Products Partners L.P. EPD announced an increase in its quarterly cash distribution to $0.375 per common unit, or $1.50 per unit on an annualized basis. The quarterly distribution will be paid on May 7, to unitholders of record as of the close of business on Apr 30.

From a press release:

Enterprise Products Partners L.P. today announced the start of a supplemental binding open commitment period to determine shipper demand for incremental capacity being added on the Aegis pipeline between Mont Belvieu, Texas and the Napoleonville, Louisiana area along the Mississippi River corridor. The 270-mile Aegis pipeline system is designed to transport purity ethane from Enterprise’s Mont Belvieu, Texas liquids storage complex to petrochemical facilities in Texas and Louisiana.

The initial 60-mile segment from Mont Belvieu to Beaumont, Texas began service in September of 2014. The remainder of the Aegis pipeline will be completed in two phases, which are scheduled for completion by the end of 2015.

And then this from Zacks:

Enterprise Products Partners L.P. announced that the capacity for loading fully refrigerated, low-ethane propane has now increased to 9 million barrels (MMBbls) per month at its liquefied petroleum gas (LPG) export terminal at the Houston Ship Channel. The significant increase in loading capacity came on the back of the recently completed expansion project at the facility. The price of Enterprise units has been trending upward post announcement, and is up 1.7% a piece.