CrossAmerica Partners (CAPL) Raises Quarterly Dividend 2.7% to $0.5625; 10.7% Yield

Go back to CrossAmerica Partners (CAPL) Raises Quarterly Dividend 2.7% to $0.5625; 10.7% Yield

CrossAmerica Partners LP Declares Increase of Quarterly Distribution

August 24, 2015 8:00 AM EDT

An increase of $0.015 per unit increase from prior quarter, representing a 2.7% increase from previous quarterly distribution per unit Consistent with previously announced guidance of increasing distributions per unit attributable to 2015 by 7% to 9% over 2014

ALLENTOWN, Pa.--(BUSINESS WIRE)-- CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of $0.5625 per unit attributable to the second quarter of 2015 (annualized $2.25 per unit), representing a 2.7% increase in the Partnership's cash distribution per unit from $0.5475... More