News Column

Regency Energy Partners Increases Cash Distribution to 49 Cents Per Outstanding Common Unit

August 15, 2014



By a News Reporter-Staff News Editor at Energy Weekly News -- Regency Energy Partners LP (NYSE: RGP), ("Regency" or the "Partnership"), announced a $0.01 increase in its cash distribution to $0.49 per outstanding common unit for the second quarter ended June 30, 2014. This represents a 6.5 percent increase over Regency's second quarter 2013 cash distribution. The second quarter distribution is equivalent to $1.96 per outstanding common unit on an annual basis.

The distribution will be paid on August 14, 2014, to unitholders of record at the close of business on August 7, 2014.

Under the terms of the Series A Preferred Units, a quarterly cash distribution of 44.5 cents per unit for the second quarter ended June 30, 2014, will be paid on the same schedule as set forth above.

Regency expects to release its second quarter 2014 earnings results Wednesday, August 6, 2014, after the market closes and will hold a conference call Thursday, August 7, 2014, at 10 a.m. Central Time (11 a.m. Eastern Time) to discuss these results.

The dial-in number for the call is 1-866-202-0886 in the United States, or +1-617-213-8841 outside the United States, passcode 39462544. A live webcast of the call may be accessed on the Investor Relations page of Regency's website at www.regencyenergy.com. The call will be available for replay for seven days by dialing 1-888-286-8010 (from outside the U.S., +1-617-801-6888) passcode 18730993. A replay of the broadcast will also be available on the Partnership's website for 30 days.

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Please note that 100 percent of Regency's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, Regency's distributions to foreign investors are subject to federal income tax withholding at a rate of 35 percent.

Keywords for this news article include: Energy Companies, Regency Energy Partners LP.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


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Source: Energy Weekly News


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