Memorial Production Partners (MEMP) Declares $0.55 Quarterly Dividend; 10.2% Yield

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

October 24, 2014 5:59 AM EDT

HOUSTON, Oct. 24, 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 third quarter of 2014. This distribution represents an annualized amount of $2.20 per unit and will be paid on November 12, 2014 to unitholders of record as of the close of business on November 5, 2014.

MEMP also announced today that it will report third quarter 2014 financial and operating results before the market opens for trading on November 5, 2014. Following the announcement, management will host a third quarter 2014... More