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Regency Energy Partners to distribute 42 cents per unit



By AP
25 April 2008 @ 09:44 am EST

DALLAS - Natural gas transporter Regency Energy Partners LP announced Friday a cash distribution of 42 cents per outstanding common and subordinated unit for the first quarter.

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The figure for the quarter ended March 31 is a 5 percent increase in the distribution paid for the previous quarter and an 11 percent increase over the first quarter 2007 distribution.

The distribution is equivalent to $1.68 on an annual basis and will be paid on May 14 to unitholders of record on May 7.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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