Genesis Energy LP ticker dps (an.) 2024 hike 2023 hike 2022 hike
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Genesis Energy (GEL) will cut its quarterly distribution from $0.7225 to $0.50 per unit in the fourth quarter of 2017. With this a 14 year record of annual distribution increases will be coming to an end.

The lower distribution will be paid on November 14, 2017, to Common Unitholders of record at the close of business on October 31, 2017.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis' operations include onshore and offshore pipeline transportation, refinery services, marine transportation and supply and logistics.