OREANDA-NEWS. January 29, 2015. Energy Transfer Equity, L.P. (NYSE: ETE) announced that its Board of Directors has approved a USD 0.035 increase in its quarterly cash distribution to USD 0.45 per ETE common unit for the fourth quarter ended December 31, 2014, or USD 1.80 per unit on an annualized basis.

Adjusting for the ETE unit split completed in January 2014, the quarterly distribution of USD 0.45 per ETE common unit represents a distribution increase of 30% on an annualized basis compared to the fourth quarter of 2013. This also represents an annualized distribution increase of USD 0.14 per common unit, or 8.4%, compared to the third quarter of 2014 and marks the ninth consecutive quarter that ETE has raised its distribution. The cash distribution will be paid on February 19, 2015 to unitholders of record as of the close of business on February 6, 2015.

ETE plans to release earnings for the fourth quarter of 2014 on Wednesday, February 18, 2015, after the market closes. ETE and its subsidiary, Energy Transfer Partners, L.P. (NYSE: ETP), will conduct a joint conference call on Thursday, February 19, 2015 at 8:00 a.m. Central Time to discuss quarterly results. During the scheduled time of the conference call, a live webcast will be available on Energy Transfer’s web site at www.energytransfer.com. The call will also be available for replay on Energy Transfer’s web site for a limited time.