Legacy Reserves LP (LGCY) Raises Quarterly Dividend 0.9% to $0.545; 7.8% Yield

Legacy Reserves LP (NASDAQ: LGCY) declared a quarterly dividend of $0.545 per share, or $2.18 annualized. This is a 0.9% increase from the prior dividend of $0.540.

The dividend will be payable on November 14, 2011, to stockholders of record on November 2, 2011, with an ex-dividend date of October 31, 2011.

The annual yield on the dividend is 7.8 percent.

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