Cypress Energy Partners (CELP) Declares $0.406413 Quarterly Dividend; 10.4% Yield

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Go back to Cypress Energy Partners (CELP) Declares $0.406413 Quarterly Dividend; 10.4% Yield

Cypress Energy Partners Announces First Quarter Cash Distribution

April 28, 2015 5:24 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- Cypress Energy Partners, L.P. (NYSE: CELP) announced today that the board of directors of its general partner declared a cash distribution for the first quarter of 2015. The cash distribution is $0.406413 per limited partner unit. This amount remains unchanged from the fourth quarter of 2014 and reflects a 4.88% increase over the target minimum quarterly cash distribution of $0.3875 for the Partnerships first quarter ending March 31, 2015. The distribution will be payable on May 15, 2015 to all unitholders of record on May 8, 2015.

This press release includes forward-looking statements. All statements other than... More