Dividend Flows Coverage: VTTI Energy Partners LP (NYSE:VTTI) dividends will reach $0.33 on Nov 14, 2016, and this is why.

Dividend Flows Coverage: VTTI Energy Partners LP (NYSE:VTTI) dividends will reach $0.33 on Nov 14, 2016, and this is why.

VTTI Energy Partners LP (NYSE:VTTI) is expected to pay $0.33 on Nov 14, 2016. The indicated annual dividend is $1.31. Shareholders owning the stock before Nov 2, 2016 will be eligible to receive the payout. Based on VTTI Energy Partners LP’s current price of $17.70, the dividend is 1.85%. This dividend’s record date is Nov 4, 2016 and the announcement date is Oct 25, 2016. The stock decreased 1.39% or $0.25 on October 31, hitting $17.7. VTTI Energy Partners LP (NYSE:VTTI) has declined 6.79% since March 30, 2016 and is downtrending. It has underperformed by 9.81% the S&P500.

VTTI Energy Partners LP provides terminaling services for third party companies engaged in the production, processing, distribution and marketing of refined petroleum products and crude oil. The company has a market cap of $812.40 million. The Firm operates through the segment of energy storage terminaling business. It has a 30.67 P/E ratio. The Company’s assets consist of approximately 42.6% interest in VTTI MLP B.V., which owns a portfolio of over six terminals with over 400 tanks and approximately 35.7 million barrels of refined petroleum product and crude oil storage capacity located in Europe, the Middle East, Asia and North America.

VTTI Energy Partners LP (NYSE:VTTI) Ratings Coverage

Out of 3 analysts covering VTTI Energy Partners (NYSE:VTTI), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. VTTI Energy Partners has been the topic of 5 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of VTTI Energy Partners LP (NYSE:VTTI) earned “Buy” rating by Citigroup on Tuesday, January 19. The stock has “Neutral” rating given by Credit Suisse on Thursday, March 17. The company was initiated on Friday, October 7 by DA Davidson. The company was initiated on Monday, October 26 by Credit Suisse.

More notable recent VTTI Energy Partners LP (NYSE:VTTI) news were published by: Prnewswire.com which released: “VTTI Energy Partners LP Announces Completion Of The Acquisition Of An …” on September 01, 2016, also Fool.com with their article: “Here’s Why VTTI Energy Partners LP Is Slumping Today” published on August 09, 2016, Prnewswire.com published: “VTTI Energy Partners LP Files 2015 Annual Report on Form 20-F” on April 29, 2016. More interesting news about VTTI Energy Partners LP (NYSE:VTTI) were released by: Prnewswire.com and their article: “VTTI Energy Partners Announces Third Quarter 2016 Distribution and Financial …” published on October 24, 2016 as well as Seekingalpha.com‘s news article titled: “VTTI Energy Partners LP’s (VTTI) CEO Rob Nijst on Q2 2016 Results – Earnings …” with publication date: August 10, 2016.

VTTI Company Profile

VTTI Energy Partners LP, incorporated on April 11, 2014, provides terminaling services for third party companies engaged in the production, processing, distribution and marketing of refined petroleum products and crude oil. The Firm operates through the segment of energy storage terminaling business. The Company’s assets consist of approximately 42.6% interest in VTTI MLP B.V. (VTTI Operating), which owns a portfolio of over six terminals with over 400 tanks and approximately 35.7 million barrels of refined petroleum product and crude oil storage capacity located in Europe, the Middle East, Asia and North America. The Firm generates its revenue from long-term, fee-based, take-or-pay contracts for the terminal storage and throughput of refined petroleum products and crude oil. The Company’s terminals are located in international supply and demand centers for refined petroleum products and crude oil and provide midstream infrastructure services to its clients at these international market hubs. It provides storage and terminaling services for various energy industry participants, including marketing companies, integrated oil companies, national oil companies, distributors, and chemical and petrochemical companies.

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