Current MWE Stock Info

MarkWest plans on increasing distribution thru 2020
During the company’s conference call today, Frank Semple, Chairman, President and Chief Executive Officer of MarkWest Energy Partners (ticker: MWE) announced that MWE expects to increase its distribution to approximately $3.70 for this year, $0.16 (or 4.5%) more than the company’s distribution in 2014. Mr. Semple also said that MarkWest expects to continue increasing distributions by 7% to $3.97 in 2016, and 10% for the years of 2017 to 2020.

The dividend increases are likely attributable ...

Tags: ,

Legal Notice