Buckeye Partners, L.P. Announces Outcome of Strategic Review

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Go back to Buckeye Partners, L.P. Announces Outcome of Strategic Review

Buckeye Partners (BPL) Reports Q2 Loss of $4.86/Share, Announces Outcome of Strategic Review

November 2, 2018 6:37 AM EDT

Buckeye Partners (NYSE: BPL) reported Q2 EPS of ($4.86), versus $0.81 reported last year. Revenue for the quarter came in at $909.5 million, versus $922.62 million reported last year.

Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) announced today that as a result... More

Buckeye Partners (BPL) Lowers Quarterly Dividend 40.6% to $0.75; 8.9% Yield

November 2, 2018 6:37 AM EDT

Buckeye Partners (NYSE: BPL) declared a quarterly dividend of $0.75 per share, or $3 annualized. This is a 40.6% decrease from the prior dividend of $1.2625.

The dividend will be payable on November 20, 2018, to stockholders of record on November 13, 2018, with an ex-dividend date of November 9,... More