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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Genesis Energy LP	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Genesis Energy LP	GEL	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

Genesis Energy hikes distribution by 2%

Wednesday 11 April 2018

Genesis Energy (GEL) will raise its quarterly distribution by 2 percent to $0.52 per unit in the second quarter of 2018. Last year GEL cut its distribution by 20 percent in Q4, ending a 14 year record of annual increases.

The new distribution will be paid on May 15, 2018 to holders of record at the close of business on May 1, 2018. In the first quarter GEL also hiked its quarterly distribution by one cent.

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.

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