Northern Tier Energy (NTI) sheds 4.8% premarket after announcing last night a quarterly...

|About: Northern Tier Energy (NTI)|By:, SA News Editor

Northern Tier Energy (NTI) sheds 4.8% premarket after announcing last night a quarterly distribution cut to $1.27/share from $1.48 in its first post-IPO payout. The annualized yield on this high-flyer drops to 17.2%. (PR)