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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:10 EDTNGLNGL intends to recommend board to increase quarterly distribution
The company said, "The management of NGL Energy Partners LP intends to recommend to the board of directors of its general partner that NGL increase its quarterly distribution for Q1 ended June 30, by 3.75c to 58.875c per outstanding limited partner unit from 55.125c per unit, resulting in an annualized cash distribution of $2.355 per outstanding limited partner unit. On an annualized basis this represents an increase of 15c from $2.205 per unit to $2.355 per unit.
News For NGL From The Last 14 Days
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October 24, 2014
07:05 EDTNGLNGL Energy Partners increases quarterly dividend to 60.88c per share
NGL Energy Partners LP announced that the Board of Directors of its general partner declared a quarterly distribution of 60.88c per unit, or $2.435 on an annualized basis, for the quarter ended September 30, 2014. This distribution represents a 3.4% increase over the prior quarterly distribution of 58.88c per unit and a 19.1% increase over the distribution paid in November 2013. This distribution is payable on November 14, 2014, to unitholders of record as of the close of business on November 4, 2014. This is the twelfth consecutive quarter NGL has increased its cash distribution since its public offering in May 2011.

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