Friday, July 8, 2011

Energy Transfer Equity hikes second quarter distribution by 11.6 percent

DALLAS, Texas - Energy Transfer Equity, L.P. (NYSE: ETE) on June 30 announced a quarterly distribution of $0.625 per unit ($2.50 annualized) on ETE's outstanding common units for the quarter ended June 30, 2011. The quarterly distribution of $0.625 per unit represents an increase of 11.6 percent, or $0.26 per common unit on an annualized basis. The distribution will be paid on Aug. 19 to unitholders of record as of the close of business on Aug. 5.

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