Hi-Crush Partners (HCLP) Declares $0.15 Quarterly Dividend; Approves $100M Buyback

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Go back to Hi-Crush Partners (HCLP) Declares $0.15 Quarterly Dividend; Approves $100M Buyback

Hi-Crush Partners LP Resumes Distribution for the Third Quarter of 2017 and Announces Unit Buyback Program

October 17, 2017 4:15 PM EDT

HOUSTON, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), or Hi-Crush or the Partnership, announced today that the Board of Directors of its general partner has declared a quarterly cash distribution of $0.15 per unit on all common units, or $0.60 on an annualized basis, for the third quarter of 2017.  Separately, the Board of Directors also approved a unit buyback program of up to $100 million.

"The stabilization of market conditions, combined with strong demand for frac sand and logistics services has benefited our business," said Laura Fulton, Chief Financial Officer of... More