DENVER--(BUSINESS WIRE)--TransMontaigne Partners L.P. (NYSE:TLP) announced today that it declared a distribution of $0.795 per unit for the period from April 1, 2018 through June 30, 2018, representing a $0.01 increase over the previous quarter. The distribution is payable on August 8, 2018 to unitholders of record on July 31, 2018.
The second quarter distribution marks the eleventh consecutive quarter of distribution growth for TransMontaigne Partners L.P., and reflects a 1.3% increase over the previous quarter as well as a 7.4% increase over the distribution paid a year ago.
About TransMontaigne Partners L.P.
TransMontaigne Partners L.P. is a terminaling and transportation company based in Denver, Colorado with operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio Rivers, the Southeast and in Northern California. We provide integrated terminaling, storage, transportation and related services for customers engaged in the distribution and marketing of light refined petroleum products, heavy refined petroleum products, crude oil, chemicals, fertilizers and other liquid products. Light refined products include gasolines, diesel fuels, heating oil and jet fuels; heavy refined products include residual fuel oils and asphalt. We do not purchase or market products that we handle or transport. News and additional information about TransMontaigne Partners L.P. is available on our website: www.transmontaignepartners.com.