DENVER--(BUSINESS WIRE)--Jul. 26, 2012--
DCP Midstream Partners, LP (NYSE: DPM) today announced that the board of
directors of its general partner declared a quarterly cash distribution
of $0.67 per unit for the quarter ended June 30, 2012. This represents
an increase of 1.5 percent over the last quarterly distribution of $0.66
per unit paid May 15, 2012. The quarterly cash distribution will be paid
August 14, 2012, to unitholders of record at the close of business
August 7, 2012. This quarterly distribution equates to $2.68 per unit on
an annual basis.
DCP Midstream Partners, LP (NYSE: DPM) is a midstream master limited
partnership engaged in the business of gathering, compressing, treating,
processing, transporting, storing and selling natural gas; producing,
fractionating, transporting, storing and selling NGLs and condensate;
and transporting, storing and selling propane in wholesale markets. DCP
Midstream Partners, LP is managed by its general partner, DCP Midstream
GP, LLC, which is wholly owned by DCP Midstream, LLC, a joint venture
between Spectra Energy and Phillips 66. For more information, visit the
DCP Midstream Partners, LP website at www.dcppartners.com.
Source: DCP Midstream Partners, LP
DCP Midstream Partners, LP
MEDIA AND INVESTOR RELATIONS CONTACT:
Jonni
Anwar, 303-605-1868
or
24-Hour: 303-887-5419
www.dcppartners.com
