{"id":749844,"date":"2023-04-20T17:17:25","date_gmt":"2023-04-20T21:17:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/green-plains-partners-announces-quarterly-distribution\/"},"modified":"2023-04-20T17:17:25","modified_gmt":"2023-04-20T21:17:25","slug":"green-plains-partners-announces-quarterly-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/green-plains-partners-announces-quarterly-distribution\/","title":{"rendered":"Green Plains Partners Announces Quarterly Distribution"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Green Plains Partners Announces Quarterly Distribution<\/b><\/p>\n<p>OMAHA, Neb.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGreen Plains Partners LP (NASDAQ:GPP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.455 per unit on all of its outstanding common units for the first quarter of 2023, or $1.82 per unit on an annualized basis. The distribution is payable on May 12, 2023, to unitholders of record at the close of business on May 5, 2023.<\/p>\n<p><b>Qualified Notice<\/b><\/p>\n<p>\nThis release serves as qualified notice to brokers and nominees under Treasury Regulation Section 1.1446-4(b). Please note that 100% of Green Plains Partners\u2019 distributions to non-U.S. investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of the Partnership\u2019s distributions to non-U.S. investors are subject to U.S. federal income tax withholding at the highest applicable effective tax rate.<\/p>\n<p>\nThis release also serves as qualified notice that the 10% exception to withholding described in Treasury Regulation Section 1.1446(f)-4(b)(3) does not apply. Furthermore, 100% of distributions to foreign investors is in excess of cumulative net income for purposes of Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). Brokers and nominees must withhold the maximum amount under Treasury Regulation Section 1.1446(f).<\/p>\n<p><b>About Green Plains Partners LP<\/b><\/p>\n<p>\nGreen Plains Partners LP (NASDAQ:GPP) is a fee-based Delaware limited partnership formed by Green Plains Inc. to provide fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage terminals, transportation assets and other related assets and businesses. For more information about Green Plains Partners, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.greenplainspartners.com&amp;esheet=53385045&amp;newsitemid=20230420005957&amp;lan=en-US&amp;anchor=www.greenplainspartners.com&amp;index=1&amp;md5=07e7a73ef2475f7328441bdeb0bba8fa\">www.greenplainspartners.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230420005957r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230420005957\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230420005957\/en\/<\/a><\/span><\/p>\n<p><b>Investors: <\/b>Phil Boggs | Executive Vice President, Investor Relations | 402.884.8700 | <a rel=\"nofollow\" href=\"mailto:phil.boggs@gpreinc.com\">phil.boggs@gpreinc.com<br \/>\n<\/a><br \/><b>Media<\/b>: Lisa Gibson | Communications Manager | 402.952.4971 | <a rel=\"nofollow\" href=\"mailto:lisa.gibson@gpreinc.com\">lisa.gibson@gpreinc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Nebraska United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Agriculture Oil\/Gas Natural Resources Environment Other Manufacturing Alternative Energy Energy Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230420005957\/en\/1649910\/3\/GPP_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Green Plains Partners Announces Quarterly Distribution OMAHA, Neb.&#8211;(BUSINESS WIRE)&#8211; Green Plains Partners LP (NASDAQ:GPP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.455 per unit on all of its outstanding common units for the first quarter of 2023, or $1.82 per unit on an annualized basis. The distribution is payable on May 12, 2023, to unitholders of record at the close of business on May 5, 2023. Qualified Notice This release serves as qualified notice to brokers and nominees under Treasury Regulation Section 1.1446-4(b). Please note that 100% of Green Plains Partners\u2019 distributions to non-U.S. investors are attributable to income that is effectively connected with a United States trade or business. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/green-plains-partners-announces-quarterly-distribution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Green Plains Partners Announces Quarterly Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-749844","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Green Plains Partners Announces Quarterly Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/green-plains-partners-announces-quarterly-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Green Plains Partners Announces Quarterly Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Green Plains Partners Announces Quarterly Distribution OMAHA, Neb.&#8211;(BUSINESS WIRE)&#8211; Green Plains Partners LP (NASDAQ:GPP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.455 per unit on all of its outstanding common units for the first quarter of 2023, or $1.82 per unit on an annualized basis. The distribution is payable on May 12, 2023, to unitholders of record at the close of business on May 5, 2023. Qualified Notice This release serves as qualified notice to brokers and nominees under Treasury Regulation Section 1.1446-4(b). 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