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

Cheniere Energy Partners (NYSE:CQP) announced 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 annualized dividend and a dividend yield of 0.29%. The ex-dividend date of this dividend is Monday, November 4th.

Cheniere Energy Partners Price Performance

NYSE:CQP traded up $0.27 during midday trading on Friday, hitting $48.74. 107,633 shares of the company were exchanged, compared to its average volume of 162,285. Cheniere Energy Partners has a fifty-two week low of $45.51 and a fifty-two week high of $62.34. The firm has a market capitalization of $23.59 billion, a P/E ratio of 10.53 and a beta of 0.68.

Analyst Upgrades and Downgrades

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

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.