Star Gas Partners (SGU) Raises Quarterly Dividend 7.9% to $0.1025; 4.8% Yield

Go back to Star Gas Partners (SGU) Raises Quarterly Dividend 7.9% to $0.1025; 4.8% Yield

Star Gas Partners, L.P. Increases Quarterly Distribution to 10.25 Cents per Unit

April 18, 2016 2:15 PM EDT

STAMFORD, Conn., April 18, 2016 (GLOBE NEWSWIRE) -- Star Gas Partners, L.P. (the Partnership or Star) (NYSE: SGU), a home energy distributor and services provider, today announced that it has increased its quarterly distribution for the three months ended March 31, 2016 to $0.1025 per common unit from $0.095 per common unit.

Record date: April 28, 2016Payment date: May 6, 2016

This announcement is intended to be a qualified notice to nominees under Treasury Regulation Sections 1.1446 and 1.1441, with 100 percent of the partnership's distributions to foreign unitholders attributable to income that is effectively connected with a... More