AmeriGas Propane Raises Partnership Distribution 3%

Loading...
Loading...
Directors of AmeriGas Propane, Inc., general partner of AmeriGas Partners, L.P.
APU
, have declared a quarterly partnership distribution of $0.7625 per limited partnership unit, payable February 17, 2012 to unitholders of record February 10, 2012. The annualized distribution represents a 3% increase to $3.05 per limited partnership unit from the current $2.96 per limited partnership unit. Eugene V.N. Bissell, president and chief executive officer of AmeriGas said, “We are pleased to be officially announcing this distribution increase as a means of tangibly demonstrating the benefits of the Heritage Propane acquisition to our unitholders.”
Market News and Data brought to you by Benzinga APIs
Posted In: NewsDividends
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...