Quarterly Dividend of $0.39 Planned by Oiltanking Partners (OILT)
Oiltanking Partners (NASDAQ:OILT) announced a quarterly dividend on Tuesday, January 22nd. Shareholders of record on Friday, February 1st will be paid a dividend of $0.39 per share on Thursday, February 14th. This represents a $1.56 annualized dividend and a dividend yield of 3.95%.
Shares of Oiltanking Partners (OILT) opened at 39.4531 on Tuesday. Oiltanking Partners (OILT) has a one year low of $27.65 and a one year high of $41.13. The stock’s 50-day moving average is currently $37.. The company has a market cap of $1.535 billion and a P/E ratio of 26.50.
Oiltanking Partners last announced its earnings results on Wednesday, November 7th. The company reported $0.38 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.39 by $0.01. The company had revenue of $33.30 million for the quarter, compared to the consensus estimate of $33.48 million. Oiltanking Partners’s revenue was up 15.2% compared to the same quarter last year. On average, analysts predict that Oiltanking Partners (OILT) will post $1.57 earnings per share for the current fiscal year.
Oiltanking Partners, L.P. ( Oiltanking Partner) is engaged in the terminaling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas.
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