DCP Midstream Announces Quarterly Distribution
October 19 2017 - 4:15PM
DCP Midstream, LP (NYSE:DCP) announced today that the board of
directors of its general partner declared a quarterly cash
distribution of $0.78 per common unit for the quarter ended
September 30, 2017, or $3.12 per unit on an annualized basis, which
remains unchanged from the previous quarter. This quarterly cash
distribution will be paid November 14, 2017 to unitholders of
record at the close of business on November 7, 2017.
INVESTOR RELATIONS:
|
Irene Lofland |
Phone: |
303-605-1822 |
|
|
MEDIA RELATIONS: |
Roz Elliott |
Phone: |
303-605-1707 |
This serves as qualified notice to nominees and brokers as
provided for under Treasury Regulation Section
1.1446-4(b). Please note that 100 percent of DCP’s
distributions to foreign investors are attributable to income that
is effectively connected with a United States trade or
business. Accordingly, DCP’s distributions to foreign
investors are subject to federal income tax withholding at the
highest effective tax rate. Nominees are treated as withholding
agents responsible for withholding distributions received by them
on behalf of foreign investors.
ABOUT DCP MIDSTREAM, LPDCP Midstream, LP
(NYSE:DCP) is a midstream master limited partnership, with a
diversified portfolio of assets, engaged in the business of
gathering, compressing, treating, processing, transporting, storing
and selling natural gas; and producing, fractionating,
transporting, storing and selling NGLs and recovering and selling
condensate. DCP owns and operates more than 60 plants and 63,000
miles of natural gas and natural gas liquids pipelines, with
operations in 17 states across major producing regions, and leads
the midstream segment as one of the largest natural gas liquids
producers and marketers and one of the largest natural gas
processors in the U.S. Denver, Colorado based DCP is managed by its
general partner, DCP Midstream GP, LP, which is managed by its
general partner, DCP Midstream GP, LLC, which is 100% owned by DCP
Midstream, LLC. DCP Midstream, LLC is a joint venture between
Enbridge and Phillips 66. For more information, visit the DCP
Midstream, LP website at www.dcpmidstream.com.
DCP Midstream (NYSE:DCP)
Historical Stock Chart
From Mar 2024 to Apr 2024
DCP Midstream (NYSE:DCP)
Historical Stock Chart
From Apr 2023 to Apr 2024