Genesis Energy, L.P. Declares Quarterly Distribution
11 Januar 2024 - 12:00PM
Business Wire
Genesis Energy, L.P. (NYSE: GEL) announced today that, on
January 10, 2024, the Board of Directors of its general partner
declared a distribution on Genesis’ common units and Class A
Convertible Preferred Units attributable to the quarter ended
December 31, 2023. These distributions will be paid on February 14,
2024 to holders of record at the close of business on January 31,
2024.
Each holder of common units will be paid a quarterly cash
distribution of $0.15 ($0.60 on an annualized basis) for each
common unit held of record. With respect to the preferred units,
Genesis will pay a cash distribution of $0.9473 ($3.7890 on an
annualized basis) for each preferred unit held of record.
Genesis Energy, L.P. is a diversified midstream energy master
limited partnership headquartered in Houston, Texas. Genesis’
operations include offshore pipeline transportation, sodium
minerals and sulfur services, onshore facilities and transportation
and marine transportation. Genesis’ operations are primarily
located in the Gulf Coast region of the United States, Wyoming and
the Gulf of Mexico.
This press release serves as qualified notice to nominees as
provided for under Treasury Regulation Section 1.1446-4(b)(4) and
(d). Please note that 100 percent of Genesis Energy’s distributions
to foreign investors are attributable to income that is effectively
connected with a United States trade or business. Accordingly, all
of Genesis Energy’s distributions to foreign investors are subject
to federal income tax withholding at the highest applicable
effective tax rate. Nominees are treated as withholding agents
responsible for withholding distributions received by them on
behalf of foreign investors.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240111870819/en/
Genesis Energy, L.P. Dwayne Morley VP – Investor Relations (713)
860-2536
Genesis Energy (NYSE:GEL)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Genesis Energy (NYSE:GEL)
Historical Stock Chart
Von Apr 2023 bis Apr 2024