Andeavor Logistics LP (ANDX) Raises Quarterly Dividend 1.5% to $1.015; 8.3% Yield

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Andeavor Logistics Announces 28th Consecutive Quarterly Distribution Increase

April 18, 2018 4:31 PM EDT

SAN ANTONIO, TX - April 18, 2018 - Andeavor Logistics LP (NYSE: ANDX) announced today the declaration of its quarterly cash distribution for the first quarter 2018 of $1.015 per limited partnership unit, or $4.06 on an annualized basis. This distribution represents a 1.5% increase over the prior quarterly distribution of $1.00 per limited partnership unit, or $4.00 per unit on an annualized basis. This represents the 28th consecutive quarterly increase. The first quarter distribution will be paid May 15, 2018 to all unitholders of record as of... More