Memorial Production (MEMP) Declares $0.55 Quarterly Dividend; 9.5% Yield

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Memorial Production Partners LP Announces First Quarter 2014 Cash Distribution and First Quarter 2014 Earnings Conference Call and Webcast

April 25, 2014 6:00 AM EDT

HOUSTON, April 25, 2014 (GLOBE NEWSWIRE) -- Memorial Production Partners LP (Nasdaq: MEMP) announced today that the board of directors of its general partner approved a cash distribution of $0.55 per unit for the first quarter of 2014. This distribution represents an annualized amount of $2.20 per unit and will be paid on May 13, 2014 to unitholders of record as of the close of business on May 6, 2014.

MEMP also announced today that it will report first quarter 2014 financial and operating results before the market opens for trading on May 7, 2014. Following the announcement, management will host a first quarter 2014... More