Boardwalk Increases Quarterly Distribution to $0.47 Per Unit
HOUSTON--(BUSINESS WIRE)--Boardwalk Pipeline Partners, LP (NYSE:BWP) today declared a quarterly cash distribution per common and subordinated unit of $0.47 payable on August 11, 2008, to unitholders of record as of August 4, 2008.
Boardwalk Pipeline Partners, LP is a master limited partnership engaged through its subsidiaries, Gulf South Pipeline Company, LP and Texas Gas Transmission, LLC, in the interstate transportation and storage of natural gas. Boardwalk's two interstate natural gas pipeline systems have approximately 13,660 miles of pipeline and underground storage fields with aggregate working gas capacity of approximately 155 Bcf.