Black Stone Minerals (BSM) Declares $0.18375 Quarterly Dividend; 6.5% Yield

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Go back to Black Stone Minerals (BSM) Declares $0.18375 Quarterly Dividend; 6.5% Yield

Black Stone Minerals, L.P. Announces Fourth Quarter Cash Distribution

February 9, 2016 7:20 PM EST

HOUSTON--(BUSINESS WIRE)-- Black Stone Minerals, L.P. (NYSE: BSM) (Black Stone Minerals) today announces that the Board of Directors of the general partner has approved a cash distribution of $0.2625 per common unit and $0.18375 per subordinated unit, attributable to the fourth quarter of 2015. Distributions will be payable on February 26, 2016 to unitholders of record at the close of business on February 19, 2016.

Thomas L. Carter, Jr., Black Stone Minerals President, Chief Executive Officer, and Chairman commented, The Board of Directors is committed to maintaining the growing minimum quarterly distribution for common units and expects to maintain the... More