The distributions will be paid on May 15 to shareholders of record by the close of business on April 30. (Source: Shutterstock)
The board of directors of Genesis Energy LP’s general partner declared on April 10 a quarterly distribution of Genesis’ common units and Class A convertible preferred units for the quarter ended March 31.
Common unit shareholders of the midstream MLP will be paid a quarterly cash distribution of $0.15 per share ($0.60 per share annualized) for each common share held. For preferred units, Genesis will pay a cash quarterly distribution of approximately $0.95 per share ($3.79 per share annualized) for each preferred unit held.
The distributions will be paid on May 15 to shareholders of record by the close of business on April 30.
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