Crestwood Equity Partners (CEQP) Declares $0.60 Quarterly Dividend; 11.5% Yield

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Go back to Crestwood Equity Partners (CEQP) Declares $0.60 Quarterly Dividend; 11.5% Yield

Crestwood Announces Quarterly Distribution and Schedules Second Quarter 2016 Earnings Release Date

July 21, 2016 4:15 PM EDT

HOUSTON--(BUSINESS WIRE)-- Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood or CEQP) announced today that the board of directors of its general partner has declared the partnerships quarterly cash distribution of $0.60 per limited partner unit ($2.40 annually) for the quarter ended June 30, 2016. Crestwood will issue 1,470,029 preferred units to its preferred unitholders in lieu of cash distributions. Distributions will be made on August 12, 2016, to unitholders of record as of August 5, 2016.

Crestwood plans to report financial results for the second quarter 2016 on Tuesday, August 2, 2016, before the New York Stock Exchange opens for trading. Following the announcement, management... More