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Genesis Energy Raises Quarterly Dividend

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Golden_Cross Member Level  Monday, 04/24/06 12:11:15 PM
Re: Golden_Cross post# 2
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Genesis Energy Raises Quarterly Dividend
Thursday April 20, 11:43 am ET
Genesis Energy Raises Quarterly Dividend to 18 Cents From 17 Cents


HOUSTON (AP) -- Oil company Genesis Energy LP on Thursday raised its quarterly dividend by a penny, or 5.9 percent, to 18 cents per unit.
The dividend will be paid on May 15 to unitholders of record on May 2. Last quarter's dividend was 17 cents per common unit.

Shares of Genesis Energy rose 14 cents to $12 in morning trading on the American Stock Exchange.



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