Cheniere Energy Partners, L.P. (NYSE:CQP) Shareholders to Receive $0.12 Quarterly Dividend

Cheniere Energy Partners, L.P. (NYSE:CQP – Get Free Report) announced a quarterly dividend on Friday, October 23rd. Stockholders of record on Tuesday, November 3rd will be paid a dividend of $0.1150 per share on Friday, November 13th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 3rd. This is a 85.2% decrease from Cheniere Energy Partners’s previous quarterly dividend of $0.7750.

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

Cheniere Energy Partners Price Performance

NYSE CQP traded up $1.56 on Friday, hitting $65.78. The stock had a trading volume of 62,819 shares, compared to its average volume of 115,398. Cheniere Energy Partners has a 52-week low of $49.76 and a 52-week high of $71.25. The company has a debt-to-equity ratio of 19.01, a quick ratio of 1.09 and a current ratio of 1.22. The company has a market capitalization of $31.84 billion, a price-to-earnings ratio of 11.94 and a beta of 0.34. The firm has a 50-day moving average of $65.89 and a 200-day moving average of $64.18.

Cheniere Energy Partners (NYSE:CQP – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $1.01 by $1.13. Cheniere Energy Partners had a return on equity of 1,121.60% and a net margin of 27.31%. The firm had revenue of $2.58 billion for the quarter. During the same period in the previous year, the business earned $0.91 EPS. The business’s revenue was up 5.2% on a year-over-year basis. Equities analysts expect that Cheniere Energy Partners will post 4.43 EPS for the current year.

About Cheniere Energy Partners

(Get Free Report)

Cheniere Energy Partners, L.P. (NYSE:CQP) is a publicly traded master limited partnership focused on the development, ownership and operation of liquefied natural gas (LNG) infrastructure. The partnership is sponsored by Cheniere Energy, Inc, a leading U.S. LNG company, through its ownership of Cheniere Energy Partners GP, LLC.

CQP’s principal assets include the Sabine Pass LNG facility in Cameron Parish, Louisiana, and interests associated with the Corpus Christi LNG facility in Texas.

Further Reading

Dividend History for Cheniere Energy Partners (NYSE:CQP)

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