Oiltanking Partners announces two-for-one unit split Oiltanking Partners has authorized a two-for-one split of the partnership's common and subordinated units. Holders of record at the close of business on July 7 will receive one additional limited partner unit for each unit owned on that date. The units will be distributed on July 14.
Oiltanking Partners increases quarterly dividend by 4.8% to 27.25c Oiltanking Partners announced that the board of directors of its general partner declared an increase in the quarterly cash distribution to 27.25c per unit for Q3. This distribution represents a 4.8% increase over the 26c per unit distribution declared with respect to Q2. The quarterly distribution will be paid on November 14 to unitholders of record as of the close of business on November 3.
Oiltanking Partners appoints Laurie Argo as CEO, Donna Hymel as CFO Oiltanking Partners announced that Laurie Argo has been appointed as president and CEO of the partnership's general partner effectively immediately. Donna Y. Hymel has been appointed as CFO of the partnership’s general partner. Kenneth Owen has resigned as president and CEO. Jonathan Ackerman has resigned as VP and CFO of the partnership’s general partner.