HOUSTON, Jul 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 $0.56 per unit, or $2.24 per unit on an annualized basis. The cash distribution will be paid on Friday, August 6, 2010, to unitholders of record as of the close of business on Friday, July 30, 2010. This distribution represents a 12 percent increase from the $0.50 per unit distribution declared with respect to the second quarter of 2009.
Enterprise GP Holdings will announce its second quarter earnings on August 9, 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. Additional information is available at www.enterprisegp.com.
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