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AmeriGas Propane raises quarterly distribution 5%

Directors of AmeriGas Propane, general partner of AmeriGas Partners, have declared a quarterly partnership distribution of 88c per limited partnership unit, payable May 19 to unitholders of record May 9. The annualized distribution will increase to $3.52 per limited partnership unit from the current $3.36 per limited partnership unit, representing a 5% increase.