The Dynamic Dividend

Regency Energy Partners Bumps Payout Again

Regency Energy Partners (RGP) has declared a quarterly distribution of $0.46 per unit, which is a half-penny (1.1%) improvement over the midstream energy partnership’s prior payout.

This is the third consecutive quarter Regency (which formerly traded under the symbol “RGNC”) has given its unitholders a raise. The partnership bumped its payout by the same amount back in July — breaking a streak of three years without a distribution hike — and again in October.

RGP is currently trading at $25.62, where it now yields 7.18%.