RICHMOND, Va., April 22, 2015 /PRNewswire/ -- The board of
directors of Dominion Midstream GP, LLC, the general partner of
Dominion Midstream Partners, LP (NYSE: DM), has declared a
first-quarter 2015 cash distribution of $0.175 per unit, which corresponds to the minimum
distribution of $0.70 per unit
annually. This is Dominion Midstream's second declared
distribution.
Distributions are payable on May 15,
2015, to unitholders of record at the close of business
May 5, 2015.
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). All of Dominion Midstream's
distributions to foreign investors should be treated by brokers and
nominees as being attributable to income that is effectively
connected with a United States
trade or business. Accordingly, the partnership's distributions to
foreign investors are subject to federal income tax withholding at
the highest effective tax rate.
Dominion Midstream is a growth-oriented Delaware limited partnership formed by
Dominion Resources, Inc., in March
2014 to own, operate, develop and acquire natural gas
import, storage, regasification, transportation and related assets.
It is headquartered in Richmond,
Va. For more information about Dominion Midstream, visit its
website at www.dommidstream.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/dominion-midstream-declares-quarterly-cash-distribution-300070518.html
SOURCE Dominion Midstream Partners