Compressco Partners Declares Quarterly Dividend of $0.43 (GSJK)
Compressco Partners (NASDAQ:GSJK) announced a quarterly dividend on Monday, October 21st, StockRatingsNetwork reports. Shareholders of record on Friday, November 1st will be paid a dividend of $0.43 per share on Friday, November 15th. This represents a $1.72 annualized dividend and a dividend yield of 7.90%.
On the ratings front, analysts at RBC Capital cut their price target on shares of Compressco Partners from $21.00 to $19.00 in a research note to investors on Thursday, August 8th. They now have a “sector perform” rating on the stock.
Compressco Partners (NASDAQ:GSJK) opened at 22.16 on Monday. Compressco Partners has a 52-week low of $15.07 and a 52-week high of $25.72. The stock has a 50-day moving average of $20.56 and a 200-day moving average of $20.59. The company has a market cap of $344.7 million and a P/E ratio of 20.36.
Compressco Partners, L.P. is a provider of wellhead compression-based production enhancement services (NASDAQ:GSJK).
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