NGL Energy Partners (NGL) Declares $0.39 Quarterly Dividend; 13.6% Yield

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NGL Energy Partners Announces Quarterly Cash Distribution

October 23, 2018 5:30 PM EDT

TULSA, Okla.--(BUSINESS WIRE)-- NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner has declared a quarterly distribution of $0.39 per unit, or $1.56 per unit on an annualized basis, for the quarter ended September 30, 2018. This cash distribution is payable on November 14, 2018 to common unitholders of record at the close of business on November 8, 2018.

Additionally, the Board of Directors declared a distribution for the quarter ended September 30, 2018 to be paid to the holders of the Class A Preferred Units according to the terms outlined in the... More