RICHMOND, Va., Oct. 24, 2017 /PRNewswire/ -- The board of
directors of Dominion Energy Midstream GP, LLC, the general partner
of Dominion Energy Midstream Partners, LP (NYSE: DM), has declared
a third-quarter 2017 cash distribution of $0.3025 per common and subordinated unit – an
increase of 5 percent above the second-quarter 2017 distribution –
which corresponds to an annualized distribution rate of
$1.21 per such unit.
Distributions are payable on Nov. 15,
2017, to unitholders of record at the close of business
Nov. 6, 2017.
The partnership's last quarterly distribution was declared
July 21, 2017.
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). All of Dominion Energy 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 Energy Midstream is a Delaware limited partnership formed by
Dominion Energy, Inc., to grow a portfolio of natural gas
terminaling, processing, storage, transportation and related
assets. It is headquartered in Richmond, Va. For more information about
Dominion Energy Midstream, visit its website at
www.dominionenergymidstream.com.
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SOURCE Dominion Energy Midstream Partners