Teekay Offshore Partners (TOO) Raises Quarterly Dividend 3.7% to $0.56; 15.4% Yield

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Teekay Offshore Partners Increases Cash Distribution by 4 Percent

October 2, 2015 6:45 AM EDT

HAMILTON, BERMUDA -- (Marketwired) -- 10/02/15 -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO), has declared a cash distribution of $0.56 per unit for the quarter ended September 30, 2015, an increase of 4 percent compared to the cash distribution paid in the prior quarter. The cash distribution is payable on November 13, 2015 to all unitholders of record on October 13, 2015. Teekay Offshore's cash distributions are reported on Form 1099 for United States tax purposes.

"We are pleased to be increasing the cash distribution per unit by... More

Teekay Offshore Partners Declares Distributions on Series A and B Preferred Units

October 2, 2015 6:45 AM EDT

HAMILTON, BERMUDA -- (Marketwired) -- 10/02/15 -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO), has declared cash distributions of $0.4531 per unit on the Partnership's Series A preferred units (NYSE: TOO.PR.A) and $0.5313 per unit on the Partnership's... More