Mr. Sanjay Lad reports
ENBRIDGE ENERGY PARTNERS, L.P. DECLARES DISTRIBUTION FOR FIRST QUARTER 2016
Enbridge Inc.'s
Enbridge Energy Partners LP's board of directors of its general partner has declared a quarterly cash distribution of 58.3 cents per unit, or $2.332 per unit on an annualized basis, on all of its outstanding units for the quarter ended March 31, 2016. The approved distribution remains unchanged from the previous quarter and represents an increase of 2.3 per cent over the first quarter of 2015. The distribution is payable on May 13, 2016, to unitholders of record at the close of business on May 6, 2016.
Enbridge Energy Management distribution
Enbridge Energy Management LLC today declared a distribution of 58.3 cents per share, payable on May 13, 2016, to shareholders of record on May 6, 2016. The distribution will be paid in the form of additional shares of Enbridge Management valued at the average closing price of the shares for the 10 trading days prior to the ex dividend date on May 4, 2016.
Management review of 2016 first quarter results
Enbridge Partners will host a conference call at 10 a.m. Eastern Time on Monday, May 2, 2016, to review its 2016 first quarter earnings. The call will be webcast live over the Internet and may be accessed on Enbridge Partners' website under events and presentations.
Presentation slides will also be available on-line.
Replay information
A webcast replay will be available on-line approximately two hours after the conclusion of the event. A transcript will be posted to the website within approximately 24 hours.
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