QEP Midstream Partners (QEPM) Raises Quarterly Dividend 3.2% to $0.32; 7.3% Yield

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Go back to QEP Midstream Partners (QEPM) Raises Quarterly Dividend 3.2% to $0.32; 7.3% Yield

QEP Midstream Partners, LP Announces Quarterly Distribution

April 23, 2015 4:30 PM EDT

SAN ANTONIO, April 23, 2015 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE: QEPM) ("QEPM") today announced the declaration of its quarterly cash distribution for the first quarter 2015 of $0.32 per limited partnership unit, or $1.28 on an annualized basis. This distribution represents a 3% increase over the quarterly distribution of $0.31 per unit ($1.24 per unit on an annualized basis) paid in February 2015. The first quarter distribution will be paid on May 15, 2015, to unitholders of record as of the close of business on May 4, 2015. In the prior four quarters, QEPM has increased its distribution to limited partners by... More