Dominion Midstream raises quarterly distribution by 7% to 21.35 cents a unit

Dominion Midstream GP LLC, the partner of Dominion Midstream Partners LP , said Thursday it is raising its quarterly cash distribution by 7% to 21.35 cents a unit. The new payment will be made Feb. 15, to shareholders of record as of Feb. 5. Shares were trading up 3.6%, but are down 26% in the last 12 months, while the s&P 500 has fallen 7.8%.

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