November 6, 2011 Declared

Buckeye Ups Distribution for 30th Consecutive Quarter


Buckeye Partners, L.P. (BPL) declared a quarterly distribution of $1.025 per unit late Friday, pushing its payout higher by 1.2%. The partnership has now raised its distribution in 30 consecutive quarters.

BPL closed the week trading at $66.60, where it now yields 6.16%.

In addition to its quarterly streak, Buckeye has also managed to improve its annual distribution total every year dating back to 1996.

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