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Enviva Partners, LP (EVA) will raise its quarterly distribution by 2.7 percent to $0.57 per unit in the third quarter of 2017.

The quarterly distribution will be paid on Tuesday, August 29, 2017, to unitholders of record as of the close of business on Tuesday, August 15, 2017.

Enviva Partners, LP is a publicly traded master limited partnership that aggregates a natural resource, wood fiber, and processes it into a transportable form, wood pellets. The Partnership sells a significant majority of its wood pellets through long-term, take-or-pay agreements with creditworthy customers in the United Kingdom and Europe.