American Midstream Maintains Quarterly Distribution
OREANDA-NEWS. American Midstream Partners, LP (NYSE: AMID) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.4725 per common unit, or $1.89 per unit on an annualized basis. The fourth quarter 2015 distribution remains unchanged year-over-year and from the previous quarter.
The distribution will be paid February 12, 2016, to unitholders of record as of the close of business February 3, 2016, together with the general partner of American Midstream Partners, LP. The ex-dividend date is February 1, 2016.
Denver-based American Midstream Partners, LP is a growth-oriented limited partnership formed to own, operate, develop and acquire a diversified portfolio of midstream energy assets. The Partnership provides midstream services in Texas, North Dakota, and the Gulf Coast and Southeast regions of the United States.
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