Breitburn Energy Partners (BBEP) Declares $0.04166 Monthly Dividend; 16.4% Yield

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Breitburn Energy Partners Announces Monthly Cash Distributions for Common and Preferred Units

July 31, 2015 3:23 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Breitburn Energy Partners LP (NASDAQ: BBEP) announced today a cash distribution of $0.04166 per common unit for the second month attributable to the second quarter of 2015, payable on August 14, 2015, to record holders of its common units at the close of business on August 11, 2015. This monthly distribution is equal to a distribution of $0.50 per common unit on an annualized basis.

Breitburn also announced today distributions for its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (NASDAQ: BBEPP) and 8.0% Series B Perpetual Convertible Preferred Units. A cash distribution... More