I have added EPB. El Paso Pipline meets all of my specifications for a well run company. Insider buying, Options, Dividend and Dividend increase. A rare find.
HOUSTON, TX--(MARKET WIRE)--Oct 21, 2008 -- El Paso Pipeline Partners, L.P. ( EPB - News ) today announced that the Board of Directors of its general partner has declared a quarterly cash distribution of $0.3000 per unit for the third quarter of 2008, up 1.7 percent from $0.2950 paid for the second quarter 2008. The distribution will be paid November 14, 2008 on all outstanding common and subordinated units to holders of record as of the close of business on October 31, 2008.
With the announcement of the recent acquisition, management said that it intends to recommend to the Board of Directors of the general partner an increase in the quarterly cash distribution to $0.3200 per unit, beginning with the distribution to be declared and paid in the first quarter 2009.
$15.9 (10/24/08)
