Distributions to our unitholders are determined by our general partner. Our general partner has adopted a distribution policy under which our partnership currently pays quarterly cash distributions of US $0.345 per unit per quarter.
This distribution policy targets a distribution level that is sustainable on a long-term basis while retaining sufficient liquidity for capital expenditures within our current operations and general purposes.
We believe that a distribution representing on average 80% of distributable cash will allow us to meet these objectives. We are targeting 3% to 5% annual growth in cash distributions to L.P. unitholders.
Record date
|
Distribution Date
|
Amount |
| December 31, 2011 |
January 31, 2012 |
US $0.3375
|
| March 31, 2012 |
April 30, 2012 |
US $0.345
|
| |
|
|