Enterprise Products Partners LP raised its cash distribution for the third quarter to 43.25 cents per unit, an increase of 0.25 cent, or 0.6%, from the second quarter.
The distribution is an increase of 1 cent, or 2%, year over year. The distribution is payable Nov. 8 to common unit holders of record as of Oct. 31.
Enterprise provides natural gas, NGL and crude oil midstream services such as gathering, processing, storage and transportation in North America.