DENVER--(BUSINESS WIRE)--Oct. 29, 2012--
DCP Midstream Partners, LP (NYSE: DPM) today announced that the board of
directors of its general partner declared a quarterly cash distribution
of $0.68 per unit for the quarter ended September 30, 2012. This
represents an increase of 1.5 percent over the last quarterly
distribution of $0.67 per unit paid August 14, 2012. The quarterly cash
distribution will be paid November 14, 2012, to unitholders of record at
the close of business November 7, 2012. This quarterly distribution
equates to $2.72 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
DCP Midstream Partners
Media and Investor Relations Contact:
Jonni
Anwar, 303-605-1868
or
24-Hour: 303-887-5419
www.dcppartners.com
