NuStar Energy (NS) Raises Quarterly Dividend 2.8% to $1.095; 7% Yield

NuStar Energy (NYSE: NS) declared a quarterly dividend of $1.095 per share, or $4.38 annualized. This is a 2.8% increase from the prior dividend of $1.065.

The dividend will be payable on August 12, 2011, to stockholders of record on August 9, 2011, with an ex-dividend date of August 5, 2011.

The annual yield on the dividend is 7 percent.

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