Legacy Reserves (LGCY) Declares $0.35 Quarterly Dividend; 16.4% Yield

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Legacy Reserves LP Announces Cash Distributions and Schedules Conference Call to Report Second Quarter 2015 Results

July 21, 2015 4:01 PM EDT

MIDLAND, Texas, July 21, 2015 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (NASDAQ: LGCY) today announced that the Board of Directors of its general partner has approved a cash distribution attributable to the second quarter of 2015 of $0.35 per unit, payable on August 14, 2015, to unitholders of record at the close of business on July 31, 2015.

Legacy's general partner also declared a cash distribution for both its 8% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units and its 8% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units of $0.166667 per unit payable on August 17, 2015 to preferred unitholders of record on... More

Legacy Reserves LP Announces Cash Distributions and Schedules Conference Call to Report Second Quarter 2015 Results

July 21, 2015 4:01 PM EDT

MIDLAND, Texas, July 21, 2015 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (NASDAQ: LGCY) today announced that the Board of Directors of its general partner has approved a cash distribution attributable to the second quarter of 2015 of $0.35 per unit, payable on August 14, 2015, to unitholders of record at the close of business on July 31, 2015.

Legacy's general partner also declared a cash distribution for both its 8% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units and its 8% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units of $0.166667 per unit payable on August 17, 2015 to preferred unitholders of record on... More