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Compressco Partners (NASDAQ:GSJK) announced a quarterly dividend on Friday, July 11th, reports. Stockholders of record on Monday, July 21st will be paid a dividend of 0.4525 per share on Friday, August 15th. This represents a $1.81 annualized dividend and a dividend yield of 7.11%.

A number of analysts have recently weighed in on GSJK shares. Analysts at Zacks upgraded shares of Compressco Partners from a “neutral” rating to an “outperform” rating in a research note on Wednesday. They now have a $28.10 price target on the stock. On a related note, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Compressco Partners in a research note on Monday, June 23rd. They now have a $27.00 price target on the stock, up previously from $26.00.

Shares of Compressco Partners (NASDAQ:GSJK) traded down 1.72% on Friday, hitting $25.45. 8,426 shares of the company’s stock traded hands. Compressco Partners has a 1-year low of $18.07 and a 1-year high of $31.00. The stock’s 50-day moving average is $25.6 and its 200-day moving average is $24.5. The company has a market cap of $395.8 million and a price-to-earnings ratio of 23.35.

Compressco Partners (NASDAQ:GSJK) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.29 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.30 by $0.01. On average, analysts predict that Compressco Partners will post $1.44 earnings per share for the current fiscal year.

Compressco Partners, L.P. is a provider of wellhead compression-based production enhancement services (NASDAQ:GSJK).

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