Quarterly Dividend of $0.46 Announced by NGL Energy Partners (NGL)
NGL Energy Partners (NYSE:NGL) announced a quarterly dividend on Thursday, January 24th. Shareholders of record on Monday, February 4th will be paid a dividend of $0.46 per share on Thursday, February 14th. This represents a $1.85 annualized dividend and a dividend yield of 7.68%.
NGL Energy Partners (NGL) traded down 1.33% on Thursday, hitting $23.76. NGL Energy Partners (NGL) has a 1-year low of $19.55 and a 1-year high of $27.61. The stock’s 50-day moving average is currently $22.73. The company has a market cap of $1.280 billion and a price-to-earnings ratio of 177.06.
NGL Energy Partners LP is a limited partnership company formed to own and operate a vertically-integrated propane business.
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