JP Energy Partners (JPEP) Declares $0.325 Quarterly Dividend; 17.2% Yield

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JP Energy Partners Announces Third Quarter 2016 Distribution

October 21, 2016 4:15 PM EDT

IRVING, Texas--(BUSINESS WIRE)-- JP Energy Partners LP (JP Energy or JPE) (NYSE: JPEP) announced today that the Board of Directors of its general partner has declared a cash distribution for the third quarter of 2016 of $0.325 per unit. This distribution corresponds to the minimum quarterly distribution of $0.325 per unit, or $1.30 per unit on an annualized basis. The distribution will be paid on November 11, 2016 to all unitholders of record on November 4, 2016.

Tax Notice

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b) (4) and (d). Please... More