CrossAmerica Partners (CAPL) Raises Quarterly Dividend 2.6% to $0.5925; 11.8% Yield

Go back to CrossAmerica Partners (CAPL) Raises Quarterly Dividend 2.6% to $0.5925; 11.8% Yield

CrossAmerica Partners LP Declares Increase of Quarterly Distribution

February 1, 2016 6:45 AM EST

An increase in the distribution of $0.015 per unit or 2.6% from the previous quarterly distribution per unit Distribution increase results in growth of 8.1% per unit attributable to 2015 compared to distributions per unit attributable to 2014

ALLENTOWN, Pa.--(BUSINESS WIRE)-- CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of $0.5925 per unit attributable to the fourth quarter of 2015 (annualized $2.37 per unit), representing a 2.6 percent increase in the Partnership's cash distribution per unit... More