Rose Rock Midstream (RRMS) Declares $0.66 Quarterly Dividend; 22.9% Yield

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Rose Rock Midstream, L.P. Announces Distributions on Limited Partner Units

January 11, 2016 8:49 PM EST

TULSA, Okla., Jan. 11, 2016 (GLOBE NEWSWIRE) -- Rose Rock Midstream®, L.P. (NYSE: RRMS) announced today that the Board of Directors of its general partner has declared a cash distribution with respect to the fourth quarter of 2015 of $0.66 per unit, or $2.64 per unit on an annualized basis. This distribution represents an increase of approximately 6.5% over the distribution of $0.62 per unit with respect to the fourth quarter of 2014.

The distribution will be paid on February 12, 2016 to all unitholders of record on February 2, 2016.

We expect to maintain our current quarterly... More