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Stock impact report

Genesis Energy, L.P. Declares Quarterly Distribution

Genesis Energy, L.P. Common Units (GEL) 
Last genesis energy, l.p. common units earnings: 2/19 06:10 am Check Earnings Report
US:NYSE Investor Relations: genesisenergy.com/investors
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Genesis Energy, L.P. (NYSE: GEL) announced today that, on April 10, 2019, the Board of Directors of its general partner declared a distribution on Genesis’ common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended March 31, 2019. These distributions will be paid on May 15, 2019 to holders of record at the close of business on May 1, 2019. Each holder of common units will be paid a quarterly cash distribution of $0.55 ($2.20 on an annualized basis) for each common unit held of record. With respect to the preferred units, Genesis declared a payment-in-kind of the portion of the quarterly distribution attributable to the first two months of the quarter, resulting in the issuance of an additional approximately 364,180 preferred units (“PIK units”), and for the portion of the quarterly distribution attributable to the final month of the quarter, Ge Show less Read more
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