Archrock Partners, L.P. (APLP) Tops Q1 EPS by 1c

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Archrock Declares Dividend and Provides Operational Update for First Quarter 2016

May 2, 2016 11:27 PM EDT

First-quarter dividend of $0.095 per share, a 50 percent reduction from the prior quarter Contract compression revenues of $176.2 million Contract compression gross margin of 61 percent

HOUSTON--(BUSINESS WIRE)-- Archrock, Inc. (NYSE: AROC) today announced that its Board of Directors has declared a dividend of $0.095 per share of common stock. The dividend to be paid in May 2016 is approximately 50 percent lower than the fourth-quarter 2015 dividend of $0.1875 per share. The dividend will be paid on May 18, 2016, to stockholders of record at the close of business on May 12,... More