MarkWest Energy Partners, L.P. (MWE) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.84 per common unit for the second quarter of 2013, for an implied annual rate of $3.36 per common unit. The second quarter 2013 distribution represents an increase of $0.04 per common unit, or 5.0 percent, compared to the second quarter 2012 distribution and an increase of $0.01 per common unit, or 1.2 percent, compared to the first quarter 2013 distribution.
The second quarter 2013 distribution is payable August 14, 2013, to unitholders of record on August 6, 2013. The ex-dividend date is August 2, 2013.
MarkWest Energy Partners, L.P. is a master limited partnership engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids; and the gathering and transportation of crude oil. MarkWest has a leading presence in many unconventional gas plays including the Marcellus Shale, Utica Shale, Huron/Berea Shale, Haynesville Shale, Woodford Shale and Granite Wash formation.
MWE for High Yield and Growth
MWE for High Yield and Growth
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group