Spectra Energy Announces Quarterly Dividend of $0.405 per Share

HOUSTON, Oct. 19, 2016 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) has declared a quarterly cash dividend on its common stock of $0.405 per share, or $1.62 per share on an annualized basis. The dividend is payable on December 6, 2016, to shareholders of record at the close of business on November 11, 2016.

Spectra Energy Corp. (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream companies. Based in Houston, Texas, the company's operations in the United States and Canada include approximately 21,000 miles of natural gas and crude oil pipelines; approximately 300 billion cubic feet of natural gas storage; 4.8 million barrels of crude oil storage; as well as natural gas gathering, processing, and local distribution operations. Spectra Energy is the general partner of Spectra Energy Partners (NYSE: SEP), one of the largest pipeline master limited partnerships in the United States and owner of the natural gas and crude oil assets in Spectra Energy's U.S. portfolio. Spectra Energy also has a 50 percent ownership in DCP Midstream, the largest producer of natural gas liquids and the largest natural gas processor in the United States. Spectra Energy has served North American customers and communities for more than a century. For more information, visit www.spectraenergy.com.

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SOURCE Spectra Energy Corp.