Enviva Partners (EVA) Raises Quarterly Dividend 10.9% to $0.51; 9.3% Yield
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Enviva Partners, LP Increases Distribution By More Than 10% Over Previous Quarter
May 4, 2016 1:15 PM EDTBETHESDA, Md.--(BUSINESS WIRE)-- Enviva Partners, LP (NYSE: EVA) (the Partnership or we) announced today that the board of directors of its general partner declared a quarterly distribution of $0.5100 per common and subordinated unit for the first quarter of 2016. The quarterly distribution will be paid Friday, May 27, 2016, to unitholders of record as of the close of business Monday, May 16, 2016.
Durable operating cash flow growth driven principally by our acquisition of the Southampton plant in December underpins the significant increase in our quarterly distribution and represents the first step towards our previously announced full-year distribution... More
