NuStar GP Holdings, LLC (NSH) Misses Q1 EPS by 1c; Declares $0.48 Qtr. Distribution; 5% Yield

April 27, 2011 8:49 AM EDT
NuStar GP Holdings, LLC (NYSE: NSH) reported Q1 EPS of $0.27, $0.01 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $11.34 million versus the consensus estimate of $12.49 million.

NuStar GP Holdings, LLC announced that its board of directors has declared a distribution of $0.48 per unit, $1.92 annualized.

The distribution will be paid on May 18, 2011, to holders of record as of May 9, 2011, with an ex-distribution date of May 5, 2011.

Yield on the distribution is 5 percent.


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