Investors in Tulsa’s NGL Energy Partners LP got news this week that the company’s Board of Directors declared a distribution for the quarter ending Dec. 31, 2018.
The distribution amounts to $0.5625 per unit of the Partnership’s 9% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred units.
The payments will be made on Jan. 15, 2019 to holders of re cord on Dec. 31, 2018.