Genesis Energy increases quarterly distribution 10.6% to 49.75c

theflyonthewall.com

Genesis Energy will pay a regular quarterly distribution of 49.75c per Common Unit for the quarter ended March 31. The distribution will be paid on May 15 to Common Unitholders of record at the close of business on May 1. This distribution represents an increase of approximately 10.6% over Q1 2012 quarterly distribution of 45c per unit, and an approximate 2.6% increase over the distribution paid with respect to Q4 2012.

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