Genesis Energy, L.P. announced a quarterly cash distribution of $0.165 per common unit for the quarter ended September 30, 2024. This represents an annualized distribution of $0.66 per common unit.
The Board of Directors of its general partner declared this distribution, which marks a 10% increase from the previous rate. This increase signals a positive outlook for common unitholders.
The distributions are scheduled to be paid on Thursday, November 14, 2024, to holders of record at the close of business on Thursday, October 31, 2024.
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