Andeavor Logistics LP (ANDX) Raises Quarterly Dividend 1.5% to $1.03; 9.7% Yield

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Andeavor Logistics Announces 29th Consecutive Quarterly Distribution Increase

July 24, 2018 4:48 PM EDT

SAN ANTONIO, TX - July 24, 2018 - Andeavor Logistics LP (NYSE: ANDX) announced today the declaration of its quarterly cash distribution for the second quarter 2018 of $1.03 per limited partnership unit, or $4.12 on an annualized basis. This distribution represents a 1.5% increase over the prior quarterly distribution of $1.015 per limited partnership unit, or $4.06 per unit on an annualized basis, and Andeavor Logistics' 29th consecutive quarterly increase. The second quarter distribution will be paid August 14, 2018 to all unitholders of record as of August... More