Western Gas Partners Boosts Dividend to $0.50
Western Gas Partners (NYSE: WES) announced today that the board of directors of its general partner has declared a cash distribution of $0.50 per unit for the third quarter of 2012, representing a 4-percent increase over the prior quarter and a 19-percent increase over the third quarter of 2011. The distribution is payable on November 13, 2012, to unitholders of record at the close of business on October 31, 2012.
The Partnership plans to report its third-quarter 2012 results after the market closes on Wednesday, October 31, 2012. Management will host a conference call on Thursday, November 1, 2012, at 11 a.m. CDT (12 p.m. EDT) to discuss quarterly results.
The full text of the release announcing the results will be available on the Partnership's web site at www.westerngas.com. To access the live audio webcast of the conference call, please visit the investor relations section of the web site. To participate via telephone, please dial 877.621.4819 and enter participant code 37619281. Please call in 10 minutes prior to the scheduled start time. A replay of the call will be available on the web site for two weeks following the conference call.
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