dividend
confidence high
sentiment neutral
materiality 0.40
CrossAmerica maintains $0.5250/unit quarterly distribution; awards phantom units to directors
CrossAmerica Partners LP
- Quarterly distribution of $0.5250/unit ($2.10 annualized) payable Aug 10, 2022 to holders of record Aug 3.
- Five non-employee directors each granted phantom units worth $62,500; vest in one year.
- Distribution unchanged from Q1 2022; conference call for Q2 earnings set for Aug 9.
- Phantom units include distribution equivalent rights (DERs) paid quarterly.