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Stock Market & Financial Investment News

News Breaks
January 10, 2014
07:01 EDTGELGenesis Energy increases quarterly dividend to 53.5c per share
Genesis Energy, L.P. will pay a regular quarterly distribution of 53.5c per common unit for the quarter ended December 31. The distribution will be paid on February 14, 2014, to common unitholders of record at the close of business on January 31, 2014. This distribution represents an increase of approximately 10.3% over 4Q12 quarterly distribution of 48.5c per unit, and an approximate 2.4% increase over the distribution paid with respect to 3Q13. This is the thirty-fourth consecutive quarter in which Genesis has increased its quarterly distribution. During this period, twenty-nine of those quarterly increases have been 10% or greater year-over-year.
News For GEL From The Last 14 Days
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September 23, 2014
09:13 EDTGELOn The Fly: Pre-market Movers
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08:48 EDTGELGenesis Energy 4M share Spot Secondary priced at $50.71
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September 22, 2014
18:18 EDTGELOn The Fly: After Hours Movers
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16:13 EDTGELGenesis Energy files to sell 4M common units representing limited partners
Wells Fargo Securities, BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, RBC Capital Markets and BMO Capital Markets are acting as joint book-running managers for the common units offering. Baird, Raymond James and Janney Montgomery Scott are acting as co-managers.

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