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Strategies & Market Trends : Dividend investing for retirement

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From: Steve Felix7/30/2010 9:05:57 AM
   of 34328
 
I'm not a holder, but I know some are.

BreitBurn Energy Partners L.P. (Nasdaq: BBEP) announced today a cash distribution of $0.3825 per unit for the second quarter 2010, or $1.53 per unit on an annualized basis.

This distribution represents an increase of 2% from the first quarter distribution of $0.3750 per unit, or $1.50 per unit on an annualized basis.

The distribution will be payable on August 13, 2010 to the record holders of common units at the close of business on August 9, 2010. The ex-distribution date is August 5, 2010.

Yield on the distribution is 9.9%.
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