Hi-Crush Partners (HCLP) Raises Quarterly Dividend 33.3% to $0.20; 6.7% Yield

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Go back to Hi-Crush Partners (HCLP) Raises Quarterly Dividend 33.3% to $0.20; 6.7% Yield

Hi-Crush Partners LP Announces Increase in Distribution to $0.20 per Unit for the Fourth Quarter of 2017

January 18, 2018 4:15 PM EST

HOUSTON, Jan. 18, 2018 (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 $0.20 per unit on all common units, or $0.80 on an annualized basis, for the fourth quarter of 2017.

Our business continues to benefit from a steady strengthening of demand for Northern White and in-basin frac sand, said Laura C. Fulton, Chief Financial Officer of Hi-Crush. These strong market fundamentals and encouraging outlook establish the backdrop needed for our management team and... More