Andeavor Logistics LP (ANDX) Declares $1.03 Quarterly Dividend; 9.5% Yield

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Andeavor Logistics Announces Quarterly Distribution

October 26, 2018 6:50 AM EDT

FINDLAY, Ohio, Oct. 26, 2018 /PRNewswire/ -- Andeavor Logistics LP (NYSE: ANDX) announced today the declaration of its quarterly cash distribution for the third quarter 2018 of $1.03 per limited partnership unit, or $4.12 on an annualized basis. The distribution is unchanged from the prior quarter and will be paid on Nov. 14, 2018, to common unitholders of record as of Nov. 5, 2018.

"We are evaluating the financial business plans of ANDX, including the partnership's distribution policies, with the intent to move toward practices that are more consistent with the general partner's approach on MPLX LP (NYSE:... More