NuStar GP Holdings (NSH) Declares $0.545 Quarterly Dividend; 8.8% Yield

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NuStar GP Holdings, LLC Reports Earnings for the First Quarter of 2016

April 27, 2016 6:30 AM EDT

Quarterly Distribution Remains at $0.545 per Unit Marking 39 Consecutive Quarters of Uninterrupted Distributions Since Inception

SAN ANTONIO--(BUSINESS WIRE)-- NuStar GP Holdings, LLC (NYSE: NSH) today announced first quarter 2016 net income of $16.7 million, or $0.39 per unit. Distributable cash flow (DCF) available to unitholders for the first quarter of 2016 was $23.1 million, or $0.54 per unit.

With respect to the quarterly distribution to unitholders for the first quarter of 2016, NuStar GP Holdings, LLC announced that its board of directors has declared a distribution of $0.545 per unit - marking 39 consecutive quarters of uninterrupted... More