DCP Midstream Announces Common and Preferred Unit Distributions

Source: www.gulfoilandgas.com 7/20/2021, Location: North America

DCP Midstream, LP announced that the board of directors of its general partner declared a second quarter 2021 common unit distribution of $0.39 per unit, or $1.56 per unit on an annualized basis. This quarterly common unit distribution will be paid August 13, 2021 to common unitholders of record at the close of business on July 30, 2021.

In addition, the board of directors declared a quarterly Series B preferred unit distribution of $0.4922 per unit. This preferred unit cash distribution will be paid September 15, 2021 to preferred unitholders of record at the close of business on September 1, 2021.

The board of directors also declared a quarterly Series C preferred unit distribution of $0.4969 per unit. This preferred unit cash distribution will be paid October 15, 2021 to preferred unitholders of record at the close of business on October 1, 2021.


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