Crestwood Midstream Partners Announces Quarterly Distribution
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Crestwood Midstream GP LLC, general partner of Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood Midstream”) announced that it has declared the partnership’s quarterly cash distribution of $0.41 per limited partner unit ($1.64 annually) for the quarter ended September 30, 2014. In addition, Crestwood Midstream will issue approximately 388,000 additional Class A units to the owners of the Class A units in lieu of cash distributions, which represents the period from June 17, 2014, through September 30, 2014. The distributions will be paid on November 14, 2014, to unitholders of record as of November 7, 2014.