Duncan Q4 Distribution
Tuesday, January 22nd, 2008Last Tuesday, Duncan Energy Partners (DEP: chart, web, Y!) announced the fourth quarter distribution amounting to $0.41 per share, an increase of 2.5% over the initial quarterly distribution of $0.40 per share starting in February 2007.
The distribution will be paid on February 7th to shareholders on record at the close of business January 31.
Duncan will also announce Q4 earnings on January 28th prior to the market open.
Falling Stock Price
DEP shares have been falling for the last couple of months, and in part I believe this is due to the low daily volume. Citi was a large holder (over 600,000 shares) and …
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