TC PipeLines, LP announces $0.65 distribution for first quarter 2020
TC PIPELINES LP (TCP)
Last tc pipelines lp earnings: 11/7 07:30 am
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US:NYSE Investor Relations:
tcpipelineslp.com/investor-center.html
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Source: GlobeNewswire
HOUSTON, April 21, 2020 (GLOBE NEWSWIRE) -- News Release – TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared the Partnership’s first quarter 2020 cash distribution of $0.65 per common unit. The distribution is unchanged from the distributions declared for each quarter of 2019. “TC PipeLines, LP is pleased to announce its 84th consecutive quarterly distribution. Our assets provide essential energy delivery every day to ensure the most important functions of our country can run uninterrupted even under the most challenging times,” said Nathan Brown, president of TC PipeLines, GP, Inc. “The utility demand-pull nature of much of our long-term, take-or-pay contracted capacity, together with the fundamental market strength of our assets and the credit stability of our customer group, underscores the resilience of our business model through these times with the health and safety of all of our
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