Crestwood Equity Partners (CEQP) Declares $0.1375 Quarterly Dividend; 20.7% Yield
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Crestwood Announces Quarterly Distribution, Reverse Unit Split, and Third Quarter 2015 Earnings Release Date
October 22, 2015 5:00 PM EDTHOUSTON--(BUSINESS WIRE)-- Crestwood Equity Partners LP (NYSE: CEQP) announced today that the board of directors of its general partner has declared the partnerships quarterly cash distribution of $0.1375 per limited partner unit ($0.55 annually) for the quarter ended September 30, 2015. Crestwood will issue 1,372,573 preferred units to its preferred unit holders in lieu of cash distributions. Distributions will be made on November 13, 2015, to unitholders of record as of November 6, 2015.
Reverse Unit Split
Crestwood also announced today the board of directors of its general partner has approved a 1-for-10 reverse split on its common units,... More
