From Earlier: Crosstex Declares Increases in Quarterly Distribution and Dividend

The Crosstex Energy companies yesterday announced the declaration of the quarterly distribution for Crosstex Energy, L.P. XTEX and the quarterly dividend for Crosstex Energy, Inc. XTXI from the first quarter of 2012: The quarterly distribution on the Partnership's common units will be $0.33 per unit. The distribution is payable May 15 to unitholders of record May 2. This amount is approximately a 14 percent increase over the first-quarter 2011 rate. The quarterly dividend on the Corporation's common stock will be $0.12 per share. The dividend is payable May 15 to shareholders of record May 2. This amount is approximately a 33 percent increase over the first-quarter 2011 rate.