Genesis Energy, L.P. Declares Quarterly Distribution
13 Julho 2023 - 7:00AM
Business Wire
Genesis Energy, L.P. (NYSE: GEL) announced today that, on July
12, 2023, 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 June 30, 2023.
These distributions will be paid on August 14, 2023 to holders of
record at the close of business on July 31, 2023.
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 ($3.7892 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, soda 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230713709598/en/
Genesis Energy, L.P. Dwayne Morley VP – Investor Relations (713)
860-2536
Genesis Energy (NYSE:GEL)
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