Memorial Production Partners (MEMP) Declares $0.55 Quarterly Dividend; 9.3% Yield

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

July 25, 2014 6:00 AM EDT

HOUSTON, July 25, 2014 (GLOBE NEWSWIRE) -- Memorial Production Partners LP (Nasdaq: MEMP) announced today that the board of directors of its general partner declared a cash distribution of $0.55 per unit for the second quarter of 2014. This distribution represents an annualized amount of $2.20 per unit and will be paid on August 12, 2014 to unitholders of record as of the close of business on August 5, 2014.

MEMP also announced today that it will report second quarter 2014 financial and operating results before the market opens for trading on August 6, 2014. Following the announcement, management will host a second quarter 2014... More