Green Plains Declares Quarterly Cash Dividend
OREANDA-NEWS. May 12, 2016. Green Plains Inc. (NASDAQ:GPRE) today announced that its board of directors declared a quarterly cash dividend of \\$0.12 per share on the company’s common stock, payable on June 17, 2016, to shareholders of record at the close of business on May 27, 2016.
About Green Plains
Green Plains Inc. (NASDAQ:GPRE) is a diversified commodity-processing business with operations related to ethanol, distillers grains and corn oil production; grain handling and storage; a cattle feedlot; and commodity marketing and distribution services. The company processes 12 million tons of corn annually, producing over 1.2 billion gallons of ethanol, approximately 3.5 million tons of livestock feed and 275 million pounds of industrial grade corn oil at full capacity. Green Plains owns a 62.5% limited partner interest and a 2.0% general partner interest in Green Plains Partners LP (NASDAQ:GPP), a fee-based Delaware limited partnership that provides fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.
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