Enterprise Products increases quarterly distribution 2% to 50c per unit

Enterprise Products Partners board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the second quarter of 2023 of 50c per unit, or $2.00 per unit on an annualized basis. This quarterly distribution will be paid August 14, 2023, to common unitholders of record as of the close of business July 31, 2023. This distribution represents a 5.3% increase over the distribution declared with regard to the second quarter of 2022 and a 2% increase over the distribution declared for the first quarter of 2023.