American Midstream Partners (AMID) Declares $0.4725 Quarterly Dividend; 10.3% Yield

Go back to American Midstream Partners (AMID) Declares $0.4725 Quarterly Dividend; 10.3% Yield

American Midstream Declares Quarterly Distribution

April 23, 2015 4:27 PM EDT

DENVER--(BUSINESS WIRE)-- American Midstream Partners, LP (NYSE: AMID) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.4725 per common unit, or $1.89 per unit on an annualized basis. The first quarter 2015 distribution remains unchanged from the previous quarter and represents an increase of $0.01 per unit, or 2.2 percent, compared to the distribution for the first quarter 2014.

The distribution will be paid May 15, 2015, to unitholders of record as of the close of business May 7, 2015, together with the general partner of American Midstream Partners, LP. The ex-dividend date is May 5, 2015.... More