TransMontaigne Partners L.P. Announces $0.015 Increase in Quarterly Distribution
TRANSMONTAIGNE PARTNERS (TLP)
Last transmontaigne partners earnings: 11/8 08:24 am
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US:NYSE Investor Relations:
transmontaignepartners.com/investors/presentations
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Source: Business Wire
DENVER--(BUSINESS WIRE)-- TransMontaigne Partners L.P. (NYSE:TLP) announced today that it declared a distribution of $0.74 per unit for the period from April 1, 2017 through June 30, 2017, representing a $0.015 increase over the previous quarter. The distribution is payable on August 8, 2017 to unitholders of record on July 31, 2017. “This distribution is our seventh consecutive increase. It reflects a 2.1% increase over the previous quarter and a 7.2% increase over the distribution paid for the second quarter of 2016,” said Fred Boutin, Chief Executive Officer of TransMontaigne Partners. “This accelerated rate of distribution growth was supported by the recent completion of our Collins Phase I expansion project, in which we placed 2.0 million barrels of new contracted storage into service.” About TransMontaigne Partners L.P. TransMontaigne Partners L.P. is a terminaling and transportatio
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