USD Partners LP (USDP) Raises Quarterly Dividend 0.7% to $0.3550; 13.7% Yield

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USD Partners Announces Thirteenth Consecutive Quarterly Distribution Increase to $0.3550 per Unit and Second Quarter 2018 Earnings Release Date

July 27, 2018 4:18 PM EDT

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 $0.3550 per unit for the second quarter of 2018 ($1.42 per unit on an annualized basis), representing an increase of $0.0025 per unit or 0.7% over the prior quarter and 4.4% over the second quarter of 2017. The distribution is payable on August 14, 2018, to unitholders of record at the close of business on August 7, 2018.

Second Quarter 2018 Earnings Release Date and Conference Call Information

The Partnership plans to report second quarter 2018 financial... More