Sprague Resources (SRLP) Raises Quarterly Dividend 3.1% to $0.5025; 9.3% Yield
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Sprague Resources LP Announces Increased Cash Distribution for the Third Quarter of 2015 and Earnings Conference Call Date
October 28, 2015 6:00 AM EDTPORTSMOUTH, N.H., Oct. 28, 2015 (GLOBE NEWSWIRE) -- Sprague Resources LP (Sprague) (NYSE: SRLP) announced today that the Board of Directors of its general partner, Sprague Resources GP LLC, has declared a cash distribution of $0.5025 per unit ($2.01 per unit on an annualized basis) for the quarter ended September 30, 2015. The third quarter distribution represents a 3% increase over the distribution declared for the quarter ended June 30, 2015 and an increase of 14% over the quarterly distribution of $0.4425 per unit paid in November 2014.Â
The announced distribution will be paid November 13, 2015 to unitholders of record as of the close... More
