HOUSTON, Apr 13, 2010 (BUSINESS WIRE) --Enterprise GP Holdings L.P., (NYSE: EPE) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.545 per unit, or $2.18 per unit on an annualized basis. The cash distribution will be paid on Friday, May 7, 2010, to unitholders of record as of the close of business on Friday, April 30, 2010. This distribution represents a 12.4 percent increase from the $0.485 per unit distribution declared with respect to the first quarter of 2009.
Enterprise GP Holdings will announce its earnings for the first quarter of 2010 on May 10, 2010.
Enterprise GP Holdings L.P. is one of the largest publicly traded GP partnerships and it owns the general partner of, and limited partner interests in, Enterprise Products Partners L.P. It also owns a non-controlling interest in the general partner of, and limited partner interests in, Energy Transfer Equity, L.P.
SOURCE: Enterprise GP Holdings L.P.
Enterprise GP Holdings L.P. Investor Relations Randy Burkhalter,(713) 381-6812 or Media Relations Rick Rainey,(713) 381-3635