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News Breaks | | | | January 22, 2013 | | 19:26 EDT |  | LGCY | Legacy Reserves increases quarterly distribution to 57c per unit
Legacy Reserves announced that the board of its general partner has approved a cash distribution attributable to 4Q12 of 57c per unit, payable on February 14 to unitholders of record at the close of business on February 1. This quarterly distribution is a 0.5c increase from the prior quarter and represents an annualized distribution of $2.28 per unit. On a year-over-year basis, Legacy's quarterly distribution has increased 3.6%. | |
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