NuStar Energy L.P. (NS) Declares $1.095 Quarterly Dividend; 9.4% Yield
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NuStar Energy Covers Distribution by a Strong 1.14x in the First Quarter of 2016
April 27, 2016 6:30 AM EDTQuarterly Distribution Remains at $1.095 per Unit Marking 60 Consecutive Quarters of Uninterrupted Distributions Since Inception
Strategic Capital Spending Guidance Reduced by Approximately 50%/Key Growth Projects Maintained
Piney Point, MD facility back in service/Storage Segment Effectively Full
SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYSE: NS) today announced that its first quarter 2016 earnings beat the partnership's own guidance and consensus estimates, and NuStar achieved a distribution coverage ratio in excess of one-times for the eighth consecutive quarter. The partnership reported net income applicable... More
