Hi-Crush Partners (HCLP) Raises Quarterly Dividend 233.3% to $0.75; 27.6% Yield

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Go back to Hi-Crush Partners (HCLP) Raises Quarterly Dividend 233.3% to $0.75; 27.6% Yield

Hi-Crush Partners LP Announces Distribution of $0.75 per Unit for the Second Quarter of 2018

July 23, 2018 7:05 AM EDT

HOUSTON, July 23, 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 $0.75 per unit on all common units, or $3.00 on an annualized basis, for the second quarter of 2018, up from a previous quarterly cash distribution of $0.225 per unit.  The distribution will be paid on August 14, 2018, to all common unitholders of record on August 3, 2018.

We resumed our capital return program in the fourth quarter of 2017 with the announcement of our... More