Summary
Energy Transfer LP (ET) filed an 8-K on April 26, 2022, primarily to announce its quarterly cash distribution. The company declared a distribution of $0.20 per common unit for the quarter ended March 31, 2022, which annualizes to $0.80 per unit. This distribution is a key piece of information for unitholders, providing clarity on the expected cash return on their investment. The distribution is scheduled to be paid on May 19, 2022, to unitholders of record as of the close of business on May 9, 2022. This filing, under Regulation FD Disclosure and Other Events, serves to formally communicate this financial event to the market, ensuring all investors receive the information simultaneously. The associated press release is furnished as an exhibit.
Key Highlights
- 1Announcement of quarterly cash distribution of $0.20 per common unit.
- 2Annualized distribution rate confirmed at $0.80 per common unit.
- 3Distribution pertains to the first quarter ended March 31, 2022.
- 4Payment date for the distribution is May 19, 2022.
- 5Record date for the distribution is May 9, 2022.
- 6The information was disclosed via a press release furnished as an exhibit (Exhibit 99.1).