Legacy Reserves LP (LGCY) Declares $0.61 Quarterly Dividend; 10.5% Yield
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Go back to Legacy Reserves LP (LGCY) Declares $0.61 Quarterly Dividend; 10.5% Yield
October 20, 2014 4:33 PM EDT
MIDLAND, Texas, Oct. 20, 2014 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (Nasdaq: LGCY) today announced that the Board of Directors of its general partner has approved a cash distribution attributable to the third quarter of 2014 of $0.61 per unit, payable on November 14, 2014, to unitholders of record at the close of business on October 31, 2014. This quarterly distribution is 4.3% higher than the comparable period's distribution in 2013.
Legacy's general partner also declared a cash distribution for both its 8% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units and its 8% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units of... More
