OREANDA-NEWS. January 30, 2014. Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE” or the “Partnership”) announced that its Board of Directors has approved a quarterly distribution increase of USD 0.02 per ETE common unit on a pre-split basis (USD 0.01 per ETE common unit on a post-split basis) for the quarter ended December 31, 2013.

ETE recently announced the completion of its two-for-one split of the Partnership’s outstanding common units, resulting in ETE outstanding common units doubling to approximately 560 million units. Therefore, the increase in the quarterly distribution is USD 0.01 per ETE common unit on a post-split basis. ETE unitholders will be paid the quarterly distribution on the post-split basis.

The ETE Board of Directors has approved an increase in its quarterly distribution to \\$0.6925 per unit on a pre-split basis (\\$0.34625 on a post-split basis) on ETE common units for the quarter ended December 31, 2013. This is the fifth consecutive quarter that ETE has raised its distribution. The cash distribution will be paid on February 19, 2014 to unitholders of record as of the close of business on February 7, 2014.