USD Partners LP (USDP) Raises Quarterly Dividend 1.4% to $0.35; 12.6% Yield

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Go back to USD Partners LP (USDP) Raises Quarterly Dividend 1.4% to $0.35; 12.6% Yield

USD Partners Announces Eleventh Consecutive Quarterly Distribution Increase to $0.35 per Unit and Fourth Quarter Earnings Release Date

February 1, 2018 4:23 PM EST

HOUSTON--(BUSINESS WIRE)-- USD Partners LP (NYSE: USDP) (the Partnership) announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.35 per unit for the fourth quarter of 2017 ($1.40 per unit on an annualized basis), representing an increase of $0.005 per unit or 1.4% over the prior quarter and 6.1% over the fourth quarter of 2016. On a full-year basis, the Partnership delivered 7.5% distribution growth in 2017 relative to 2016. The distribution is payable on February 16, 2018, to unitholders of record at the close of business on February 12, 2018.

Fourth Quarter 2017 Earnings Release Date and Conference Call... More