Crosstex Declares Increases in Quarterly Distribution and Dividend

The Crosstex Energy companies today announced the declaration of the quarterly distribution for Crosstex Energy, L.P. (XTEX) (the Partnership) and the quarterly dividend for Crosstex Energy, Inc. (XTXI) (the Corporation) from the fourth quarter of 2011:

The quarterly distribution on the Partnership’s common units will be $0.32 per unit. The distribution is payable February 14 to unitholders of record February 1. This amount is approximately a 23 percent increase over the fourth-quarter 2010 rate.
The quarterly dividend on the Corporation’s common stock will be $0.11 per share. The dividend is payable February 14 to shareholders of record February 1. This amount is approximately a 38 percent increase over the fourth-quarter 2010 rate.... Read more