Memorial Production Partners (MEMP) Lowers Quarterly Dividend 70% to $0.03; 5.1% Yield

Memorial Production Partners (NASDAQ: MEMP) declared a quarterly dividend of $0.03 per share, or $0.12 annualized. This is a 70% decrease from the prior dividend of $0.10.

The dividend will be payable on May 13, 2016, to stockholders of record on May 6, 2016, with an ex-dividend date of May 4, 2016.

The annual yield on the dividend is 5.1 percent.

For a dividend history and other dividend-related data on Memorial Production Partners (MEMP) click here.

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