Better increase then I expected with share count increase. Mid $40's likely by February as the large increases in growth are second half loaded for the company.
PHILADELPHIA, July 23, 2013 /PRNewswire/ -- Atlas Pipeline Partners, L.P. ( APL) ("APL", "Atlas Pipeline", or the "Partnership") announced today that the Partnership has declared a quarterly cash distribution for the second quarter of 2013 of $0.62 per common limited partner unit, payable Wednesday, August 14, 2013 to holders of record as of Wednesday, August 7, 2013. The second quarter distribution of $0.62 per common limited partner unit is approximately an 11% increase year-over-year and the 11th increase in the previous 12 quarters.
Even better for the GP
Atlas Energy, L.P. ( ATLS) today declared an increased quarterly distribution for the second quarter 2013 of $0.44 per common unit. This $0.44 per common unit distribution represents an approximate 42% increase from the first quarter 2013 distribution of $0.31 per common unit, as well as a 76% increase from the second quarter 2012 distribution of $0.25 per common unit. The second quarter 2013 distribution is payable Monday, August 19, 2013 to holders of record as of Tuesday, August 6, 2013. |
