CSI Compressco LP (CCLP) Raises Quarterly Dividend 0.5% to $0.5025; 14.3% Yield

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CSI Compressco LP Declares Increased Third Quarter 2015 Cash Distribution And Schedules Third Quarter 2015 Results Conference Call

October 20, 2015 7:30 AM EDT

MIDLAND, Texas, Oct. 20, 2015 /PRNewswire/ -- CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended September 30, 2015 of $0.5025 per outstanding unit, or $2.01 per outstanding unit on an annualized basis. This amount is an increase of $0.0025 per outstanding unit over the previous distribution of $0.5000, and an increase of $0.0425 per outstanding unit over the distribution of $0.4600 ($1.84 on an annualized basis) attributable to the third quarter of 2014. This cash distribution will be... More