Sprague Resources (SRLP) Declares $0.6675 Quarterly Dividend; 10.5% Yield

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Go back to Sprague Resources (SRLP) Declares $0.6675 Quarterly Dividend; 10.5% Yield

Sprague Resources LP Announces Cash Distribution for the Third Quarter of 2018 and Earnings Conference Call Schedule

October 26, 2018 6:00 AM EDT

Sprague announces a cash distribution of $0.6675 per unit

PORTSMOUTH, N.H., Oct. 26, 2018 (GLOBE NEWSWIRE) -- Sprague Resources LP (Sprague) (NYSE: SRLP) announced today that the Board of Directors of its general partner, Sprague Resources GP LLC, declared a cash distribution of $0.6675 per unit ($2.67 per unit on an annualized basis) for the third quarter ended September 30, 2018.  The third quarter distribution is equal to the distribution for the second quarter ended June 30, 2018, and represents an increase of 7% over the quarterly distribution of $0.6225 per unit for the third quarter of 2017. 

The announced distribution... More