I believe Mr Semple feels very very passionately about maintaining the distribution increases every quarter. And that includes the continued increases in the distribution in an orderly manner. I met this man and he is very focused and sincere. I can imagine how devastated he was during the meltdown in late 2008 and 2009 when he couldn't continue the increases. But he maintained the distribution quarter after quarter and didn't lower it and kept growing MWE without missing a beat until he could raise again.
Normally the Board of Directors meet on Thursday regarding the distribution and the press release is released that same day after the market close. The X distribution date is usually at the end of the month or the begining of the next. The distribution is normally paid either 44 or 45 days after the quarter close (March 31) Look for the money May 14 or May 15.
And by the way I expect the distribution to be increased .02 or .03 this quarter. Most likely .03. Everything will be announced in the press release. b&w