Oklahoma business briefs for Jan. 23, 2013

Oklahoma business briefs, Jan. 23
Published: January 23, 2013

Williams adds to distribution

Williams Partners LP has increased its quarterly cash distribution to 82.75 cents a unit, the partnership announced Tuesday. The distribution, which will be paid Feb. 8, is up 8.5 percent over the same period of last year.

Magellan increases distribution

Magellan Midstream Partners LP will pay a quarterly cash distribution of 50 cents a unit on Feb. 14. The distribution is 23 percent higher than the same period of last year, marking the 43rd time Magellan has increased it since its initial public offering in 2001.

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