Cheniere Energy Partners L P (CQP) Plans Quarterly Dividend of $0.43
Cheniere Energy Partners L P (NYSE:CQP) announced a quarterly dividend on Wednesday, January 22nd, StockRatingsNetwork reports. Investors of record on Monday, February 3rd will be paid a dividend of 0.425 per share on Friday, February 14th. This represents a $1.70 annualized dividend and a dividend yield of 5.94%.
A number of analysts have recently weighed in on CQP shares. Analysts at BTIG Research initiated coverage on shares of Cheniere Energy Partners L P in a research note to investors on Friday, January 10th. They set a “buy” rating on the stock. On the ratings front, analysts at Citigroup Inc. upgraded shares of Cheniere Energy Partners L P from a “neutral” rating to a “buy” rating in a research note to investors on Friday, January 10th. Finally, analysts at RBC Capital initiated coverage on shares of Cheniere Energy Partners L P in a research note to investors on Tuesday, January 7th. They set an “outperform” rating and a $33.00 price target on the stock. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $32.50.
Cheniere Energy Partners L P (NYSE:CQP) traded up 0.39% on Wednesday, hitting $28.61. 211,571 shares of the company’s stock traded hands. Cheniere Energy Partners L P has a 1-year low of $21.82 and a 1-year high of $33.00. The stock has a 50-day moving average of $28.73 and a 200-day moving average of $28.52. The company’s market cap is $9.664 billion.
Cheniere Energy Partners L P (NYSE:CQP) last issued its quarterly earnings data on Friday, November 8th. The company reported ($0.20) earnings per share for the quarter. Analysts expect that Cheniere Energy Partners L P will post $-6.58 EPS for the current fiscal year.
Cheniere Energy Partners, L.P. (NYSE:CQP) is a limited partnership, through its wholly owned subsidiary, Sabine Pass LNG, L.
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