Golar LNG Partners Announces Quarterly Dividend of $0.52 (GMLP)
Golar LNG Partners (NASDAQ:GMLP) declared a quarterly dividend on Friday, October 25th, AnalystRatings.NET reports. Shareholders of record on Monday, November 4th will be given a dividend of $0.5225 per share on Thursday, November 14th. This represents a $2.09 dividend on an annualized basis and a yield of 6.56%.
A number of research firms have recently commented on GMLP. Analysts at Zacks downgraded shares of Golar LNG Partners from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 10th. They now have a $35.80 price target on the stock. On a related note, analysts at Jefferies Group cut their price target on shares of Golar LNG Partners from $47.00 to $46.00 in a research note to investors on Friday, August 30th. They now have a “buy” rating on the stock. Finally, analysts at Evercore Partners raised their price target on shares of Golar LNG Partners from $34.00 to $36.00 in a research note to investors on Friday, August 30th. They now have an “overweight” rating on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $37.37.
Golar LNG Partners (NASDAQ:GMLP) remained flat at $31.84 during trading on Friday. Golar LNG Partners has a 52 week low of $25.52 and a 52 week high of $36.00. The stock has a 50-day moving average of $32.29 and a 200-day moving average of $32.60.
Golar LNG Partners LP (NASDAQ:GMLP) formed by Golar LNG Limited (Golar) to own and operate floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters.
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