TC PipeLines, LP announces second quarter 2019 cash distribution
July 23 2019 - 4:15PM
TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that
the board of directors of TC PipeLines GP, Inc., its general
partner, declared the Partnership’s second quarter 2019 cash
distribution of $0.65 per common unit. The distribution is
unchanged from the distribution declared for the first quarter of
2019.
This cash distribution is the 81st consecutive quarterly
distribution paid by the Partnership and is payable on August 14,
2019 to unitholders of record at the close of business on August 2,
2019.
About TC PipeLines, LP
TC PipeLines, LP is a Delaware master limited partnership with
interests in eight federally regulated U.S. interstate natural gas
pipelines which serve markets in the Western, Midwestern and
Northeastern United States. The Partnership is managed by its
general partner, TC PipeLines GP, Inc., a subsidiary of TC Energy
Corporation (NYSE: TRP). For more information about TC PipeLines,
LP, visit the Partnership’s website at www.tcpipelineslp.com.
This release serves as qualified notice to nominees under
Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note
that 100 percent of TC PipeLines, LP's distributions to foreign
investors are attributable to income that is effectively connected
with a United States trade or business. Accordingly, all of the
Partnership's distributions to foreign investors are subject to
federal income tax withholding at the highest effective tax rate
for individuals or corporations, as applicable. Nominees are
treated as the withholding agents responsible for withholding
distributions received by them on behalf of foreign investors.
Media Inquiries:Jaimie Harding / Warren
Beddow403.920.7859 or 800.608.7859
Unitholder and Analyst Inquiries:Rhonda
Amundson877.290.2772investor_relations@tcpipelineslp.com
PDF
available: http://ml.globenewswire.com/Resource/Download/b3608697-a6a1-43b1-85a9-870437a6c731
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