New Source Energy Partners LP Announces First Distribution

Tuesday, 16 Apr 2013 05:15pm EDT 

New Source Energy Partners LP announced that the Board of Directors has declared a prorated cash distribution for the first quarter of 2013 of $0.27417 per unit. This distribution is the first declared by the partnership and corresponds to the minimum quarterly distribution of $0.525 per unit, or $2.10 on an annualized basis, pro-rated from the February 13, 2013 closing of the Partnership`s initial public offering through March 31, 2013. The distribution will be paid on May 15, 2013 to all unitholders of record on May 1, 2013. 

Company Quote

0.66 +2.50%
22 Jul 2014