Cheniere Energy Partners, L.P. to Issue Quarterly Dividend of $0.78 (NYSE:CQP)

Cheniere Energy Partners, L.P. (NYSE:CQPGet Free Report) declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Friday, August 7th will be given a dividend of 0.775 per share on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Friday, August 7th.

Cheniere Energy Partners has raised its dividend by an average of 0.1%annually over the last three years.

Cheniere Energy Partners Trading Up 0.5%

CQP traded up $0.34 during midday trading on Tuesday, reaching $63.28. 68,914 shares of the company were exchanged, compared to its average volume of 114,035. The stock has a market capitalization of $30.63 billion, a P/E ratio of 14.79 and a beta of 0.31. The stock’s 50-day simple moving average is $62.50 and its 200 day simple moving average is $61.69. The company has a debt-to-equity ratio of 161.69, a quick ratio of 0.37 and a current ratio of 0.42. Cheniere Energy Partners has a one year low of $49.53 and a one year high of $70.64.

Cheniere Energy Partners (NYSE:CQPGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $1.22 by ($1.03). Cheniere Energy Partners had a net margin of 22.27% and a negative return on equity of 4,929.80%. The firm had revenue of $3.60 billion during the quarter. During the same period in the previous year, the firm earned $1.08 earnings per share. The business’s quarterly revenue was up 20.4% on a year-over-year basis. As a group, analysts forecast that Cheniere Energy Partners will post 4.2 earnings per share for the current fiscal year.

About Cheniere Energy Partners

(Get Free Report)

Cheniere Energy Partners, L.P. (NYSE: CQP) is a publicly traded master limited partnership that owns and operates liquefied natural gas (LNG) infrastructure in the United States. The partnership’s business centers on the development, ownership and operation of LNG facilities and associated pipeline assets that enable the liquefaction, storage and delivery of natural gas for export and domestic use. CQP’s assets are focused on large-scale midstream energy infrastructure intended to serve global natural gas markets.

The company’s core activities include LNG liquefaction and storage, terminal services, and pipeline transportation.

See Also

Dividend History for Cheniere Energy Partners (NYSE:CQP)

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