USA Compression Partners (USAC) Declares $0.525 Quarterly Dividend; 11.9% Yield
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USA Compression Partners Announces Third Quarter 2015 Distribution; Third Quarter 2015 Earnings Release and Conference Call Scheduled for November 5
October 22, 2015 4:55 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- USA Compression Partners, LP (NYSE: USAC) (the Partnership) today announced a cash distribution of $0.525 per unit on its common and subordinated units for the third quarter of 2015, which corresponds to an annualized distribution rate of $2.10 per unit, unchanged from the second quarters distribution rate. In light of current market conditions, we believe the prudent course of action is to continue our focus on strengthening the balance sheet and building coverage, said Eric D. Long, USA Compressions President and Chief Executive Officer. The Partnerships third quarter distribution rate represents a... More
