CSI Compressco LP (CCLP) Declares $0.3775 Quarterly Dividend; 21.4% Yield

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Go back to CSI Compressco LP (CCLP) Declares $0.3775 Quarterly Dividend; 21.4% Yield

CSI Compressco LP Declares First Quarter 2016 Cash Distribution And Schedules First Quarter 2016 Results Conference Call

April 19, 2016 5:00 PM EDT

MIDLAND, Texas, April 19, 2016 /PRNewswire/ -- CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended March 31, 2016 of $0.3775 per outstanding unit, or $1.51 per outstanding unit on an annualized basis. This amount is equal to the previous quarterly distribution, and a decrease of $0.1175 per outstanding unit from the distribution of $0.4950 ($1.98 on an annualized basis) attributable to the first quarter of 2015. This cash distribution will be paid on May 13,... More