Genesis Energy L.P. (GEL) Raises Quarterly Distribution 2.3% to $0.45; 6.1% Yield

Genesis Energy L.P. (NYSE: GEL) declared a quarterly distribution of $0.45 per share, or $1.8 annualized. This is a 2.3% increase from the prior dividend of $0.44.

The dividend will be payable on May 15, 2012, to stockholders of record on May 1, 2012, with an ex-dividend date of April 27, 2012.

The annual yield on the dividend is 6.1 percent.

For a dividend history and other dividend-related data on Genesis Energy L.P. (GEL) click here.

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