Cheniere Energy Partners Plans Quarterly Dividend of $0.04 (NYSE:CQP)

Cheniere Energy Partners (NYSE:CQP) declared a quarterly dividend on Friday, October 25th, NASDAQ reports. Stockholders of record on Monday, November 4th will be paid a dividend of 0.035 per share on Thursday, November 14th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend is Monday, November 4th.

Cheniere Energy Partners Trading Up 0.6 %

Shares of CQP stock traded up $0.27 during mid-day trading on Friday, reaching $48.74. The company’s stock had a trading volume of 107,633 shares, compared to its average volume of 162,285. Cheniere Energy Partners has a 12-month low of $45.51 and a 12-month high of $62.34. The company has a market cap of $23.59 billion, a PE ratio of 10.53 and a beta of 0.68.

Analyst Ratings Changes

Separately, Bank of America initiated coverage on shares of Cheniere Energy Partners in a report on Thursday, October 17th. They set an “underperform” rating and a $46.00 price objective for the company.

Cheniere Energy Partners Company Profile

Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana.