CSI Compressco LP (CCLP) Lowers Quarterly Dividend 50.3% to $0.1875; 8.1% Yield

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Go back to CSI Compressco LP (CCLP) Lowers Quarterly Dividend 50.3% to $0.1875; 8.1% Yield

CSI Compressco LP Announces Quarterly Distribution and Schedule for First Quarter 2017 Results Conference Call

April 21, 2017 5:25 PM EDT

THE WOODLANDS, Texas, April 21, 2017 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended March 31, 2017 of $0.1875 per outstanding common unit, or $0.75 per outstanding common unit on an annualized basis.  The quarterly amount is a $0.1900 decrease from the previous quarterly distribution of $0.3775. This cash distribution will be paid on May 15, 2017 to all common unitholders of record as of the close of business on May 1, 2017. 

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