Cheniere Energy Partners LP Holdings LLC (CQH) Plans Dividend Increase – $0.51 Per Share

Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) declared a quarterly dividend on Wednesday, February 7th, Wall Street Journal reports. Stockholders of record on Friday, February 16th will be paid a dividend of 0.51 per share by the energy company on Thursday, March 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 7.06%. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from Cheniere Energy Partners’s previous quarterly dividend of $0.45.

Shares of Cheniere Energy Partners (CQH) traded down $0.01 on Wednesday, hitting $28.89. The stock had a trading volume of 85,298 shares, compared to its average volume of 154,080. Cheniere Energy Partners has a 52 week low of $22.31 and a 52 week high of $29.73. The company has a market capitalization of $6,690.00, a P/E ratio of 361.13 and a beta of 0.99.

Cheniere Energy Partners (NYSEAMERICAN:CQH) last issued its quarterly earnings data on Tuesday, November 14th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.31). The firm had revenue of $5.08 million during the quarter, compared to the consensus estimate of $104.60 million.

CQH has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on Cheniere Energy Partners from $22.00 to $23.00 and gave the stock an “equal weight” rating in a report on Friday, November 17th. BidaskClub upgraded Cheniere Energy Partners from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. US Capital Advisors downgraded Cheniere Energy Partners from an “overweight” rating to a “hold” rating in a report on Thursday, January 4th. Finally, Zacks Investment Research downgraded Cheniere Energy Partners from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $26.00.

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About Cheniere Energy Partners

Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings) is a limited liability company. The Company’s business consists of owning and holding Cheniere Energy Patners, L.P. (Cheniere Partners) limited partner common units, Class B units and subordinated units (collectively, the Cheniere Partners units), along with cash or other property that it receives as distributions in respect of such units.

Dividend History for Cheniere Energy Partners (NYSEAMERICAN:CQH)

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