TC Pipelines LP (Nasdaq:TCLP) declared the Partnership's third quarter 2011 cash distribution of $0.77 per common unit. The distribution is equivalent to the second quarter 2011 distribution and represents a 2.7 per cent increase from the $0.75 per common unit paid in third quarter 2010. This cash distribution is the 50th consecutive quarterly distribution paid by the Partnership and is payable on November 14, 2011 to unitholders of record at the close of business on October 31, 2011.
TC PipeLines, LP, together with its subsidiaries, transports natural gas in the United States (U.S.) and eastern Canada.
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