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Chesapeake Midstream Partners Ups Distribution

Chesapeake Midstream Partners, L.P. (CHKM: Quote) said Friday that the Board of Directors of its general partner has declared a cash distribution of $0.405 per limited partner unit for the 2012 first quarter.

The first quarter distribution represents an increase of $0.055, or 15.7%, compared to the 2011 first quarter and represents an increase of $0.015, or 3.8%, compared to the 2011 fourth quarter.

The distribution will be payable on May 15 to all unitholders of record on May 8, together with the distribution to the general partner.

by RTT Staff Writer

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