May 03, 2013 at 10:12 AM EDT
Cash Dividend On The Way From Spectra Energy Partners LP (SEP)
On 5/7/13, Spectra Energy Partners LP (SEP) will trade ex-dividend, for its quarterly dividend of $0.5012, payable on 5/15/13. As a percentage of SEP's recent stock price of $38.05, this dividend works out to approximately 1.32%, so look for shares of Spectra Energy Partners LP to trade 1.32% lower all else being equal when SEP shares open for trading on 5/7/13.
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