NGL Energy Partners (NGL) Declares $0.39 Quarterly Dividend; 8% Yield
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NGL Energy Partners Announces Quarterly Cash Distributions
July 22, 2016 6:45 AM EDTTULSA, Okla.--(BUSINESS WIRE)-- NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution of $0.39 per unit, or $1.56 on an annualized basis, for the quarter ended June 30, 2016. This cash distribution is payable on August 12, 2016 to common unitholders of record at the close of business on August 4, 2016.
Additionally, the Board of Directors declared a pro rata distribution for the quarter ended June 30, 2016 to be paid to the holders of the Class A Preferred Units according to the terms outlined in the... More
