Arc Logistics Partners (ARCX) Raises Quarterly Dividend 3.5% to $0.44; 11% Yield

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Arc Logistics Partners LP Announces Quarterly Distribution Increase, Third Quarter 2015 Earnings Release and Conference Call Schedule

October 30, 2015 4:48 PM EDT

NEW YORK, Oct. 30, 2015 (GLOBE NEWSWIRE) -- Arc Logistics Partners LP ("Arc Logistics" or the "Partnership"), a Delaware limited partnership (NYSE: ARCX), announced today that the board of directors of its general partner has declared a cash distribution of $0.44 per unit ($1.76 per unit on an annualized basis) for the period from July 1, 2015 through September 30, 2015. The third quarter 2015 distribution represents a 3.5% increase over the second quarter 2015 cash distribution of $0.425 per unit ($1.70 per unit on an annualized basis) or a 7.3% increase over the third quarter 2014 cash distribution of $0.41 per unit ($1.64 per unit on an annualized basis). The... More

Arc Logistics Partners LP Announces Quarterly Distribution Increase, Third Quarter 2015 Earnings Release and Conference Call Schedule

October 30, 2015 4:47 PM EDT

NEW YORK, Oct. 30, 2015 (GLOBE NEWSWIRE) -- Arc Logistics Partners LP ("Arc Logistics" or the "Partnership"), a Delaware limited partnership (NYSE: ARCX), announced today that the board of directors of its general partner has declared a cash distribution of $0.44 per unit ($1.76 per unit on an annualized basis) for the period from July 1, 2015 through September 30, 2015. The third quarter 2015 distribution represents a 3.5% increase over the second quarter 2015 cash distribution of $0.425 per unit ($1.70 per unit on an annualized basis) or a 7.3% increase over the third quarter 2014 cash distribution of $0.41 per unit ($1.64 per unit on an annualized basis). The... More