CSI Compressco LP (CCLP) Raises Quarterly Dividend 2.1% to $0.495; 9.6% Yield

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CSI Compressco LP Declares Increased First Quarter 2015 Cash Distribution And Schedules First Quarter 2015 Results Conference Call

April 21, 2015 7:30 AM EDT

MIDLAND, Texas, April 21, 2015 /PRNewswire/ -- CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended March 31, 2015 of $0.495 per outstanding unit, or $1.98 per outstanding unit on an annualized basis. This amount is an increase of $0.01 per outstanding unit over the previous distribution of $0.485, and an increase of $0.05 per outstanding unit over the distribution of $0.445 ($1.78 on an annualized basis) attributable to the first quarter of 2014. This cash distribution... More