TC PipeLines, LP announces fourth quarter 2019 cash distribution
January 21 2020 - 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 fourth quarter 2019 cash
distribution of $0.65 per common unit. The distribution is
unchanged from the distributions declared for the previous three
quarters of 2019.
This cash distribution is the 83rd consecutive quarterly
distribution paid by the Partnership and is payable on February 14,
2020 to unitholders of record at the close of business on January
31, 2020.
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
Enquiries:
Hejdi Carlsen / Jaimie Harding403.920.7859 or
800.608.7859
Unitholder and Analyst Enquiries:
Rhonda Amundson
877.290.2772
investor_relations@tcpipelineslp.com
PDF
available: http://ml.globenewswire.com/Resource/Download/4ca794cf-48e8-426a-96de-8584ad41922a
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