Columbia Pipeline Partners LP (CPPL) has recently announced that the board of directors of CPP GP LLC, its general partner, has declared a cash distribution of US$0.1975 per common unit for 4Q16.
The distribution is payable on 13 February 2017 to unitholders of record as of 7 February 2017.
CPPL is a master limited partnership with interests in three regulated US natural gas pipelines. The lines serve markets that extend from New York to the Gulf of Mexico. The partnership also has interests in storage and related midstream assets.