USD Partners LP (USDP) Raises Quarterly Dividend 0.9% to $0.2925; 12.1% Yield
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USD Partners LP Announces Third Quarter 2015 Results and Reiterates 2016 Distribution Guidance
November 11, 2015 5:33 PM ESTHOUSTON--(BUSINESS WIRE)-- USD Partners LP (NYSE: USDP) (the Partnership) announced today its operating and financial results for the three and nine months ended September 30, 2015. Highlights with respect to the third quarter of 2015 include the following:
Increased quarterly cash distribution to $0.2925 per unit ($1.17 per unit on an annualized basis) Reported Adjusted EBITDA of $9.7 million and Distributable Cash Flow of $6.8 million Reported Net Income of $6.3 million Ended quarter with $274.2 million of available liquidity... More
