Dividend To Observe: Hoegh LNG Partners LP (NYSE:HMLP) advises investors to expect $0.41 dividends on Nov 14, 2016.

Dividend To Observe: Hoegh LNG Partners LP (NYSE:HMLP) advises investors to expect $0.41 dividends on Nov 14, 2016.

Hoegh LNG Partners LP (NYSE:HMLP) is expected to pay $0.41 on Nov 14, 2016. The indicated annual dividend is $1.65. Shareholders owning the stock before Nov 2, 2016 will be eligible to receive the payout. Based on Hoegh LNG Partners LP’s current price of $17.80, the dividend is 2.31%. This dividend’s record date is Nov 4, 2016 and the announcement date is Oct 24, 2016. The stock decreased 0.56% or $0.1 on October 31, hitting $17.8. Hoegh LNG Partners LP (NYSE:HMLP) has risen 4.20% since March 30, 2016 and is uptrending. It has outperformed by 1.19% the S&P500.

Hoegh LNG Partners LP owns, operates and acquires floating storage and regasification units , liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The company has a market cap of $470.51 million. The Company’s divisions include Majority held FSRUs, Joint venture FSRUs and other. It has a 18.53 P/E ratio. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant.

Hoegh LNG Partners LP (NYSE:HMLP) Ratings Coverage

Out of 4 analysts covering Hoegh LNG Partners LP (NYSE:HMLP), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Hoegh LNG Partners LP has been the topic of 7 analyst reports since August 14, 2015 according to StockzIntelligence Inc. Clarkson Capital initiated it with “Buy” rating and $27 target price in Wednesday, September 9 report. The firm has “Buy” rating by Citigroup given on Friday, August 26. Citigroup maintained Hoegh LNG Partners LP (NYSE:HMLP) rating on Friday, August 14. Citigroup has “Buy” rating and $24 price target. Barclays Capital maintained Hoegh LNG Partners LP (NYSE:HMLP) on Tuesday, August 30 with “Equal-Weight” rating. The stock of Hoegh LNG Partners LP (NYSE:HMLP) earned “Accumulate” rating by Seaport Global Securities on Wednesday, January 6.

More notable recent Hoegh LNG Partners LP (NYSE:HMLP) news were published by: Prnewswire.com which released: “Hoegh LNG Partners LP Third Quarter 2016 Cash Distribution” on October 21, 2016, also Prnewswire.com with their article: “Hoegh LNG Partners LP 2016 Annual Meeting Results Notification” published on October 19, 2016, Prnewswire.com published: “Höegh LNG Partners LP Reports Preliminary Financial Results for the Quarter …” on February 29, 2016. More interesting news about Hoegh LNG Partners LP (NYSE:HMLP) were released by: Prnewswire.com and their article: “Höegh LNG Partners LP Reports Preliminary Financial Results for the Quarter …” published on May 31, 2016 as well as Prnewswire.com‘s news article titled: “Höegh LNG Partners LP Reports Preliminary Financial Results for the Quarter …” with publication date: August 27, 2015.

HMLP Company Profile

Hoegh LNG Partners LP, incorporated on April 28, 2014, owns, operates and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The Company’s divisions include Majority held FSRUs, Joint venture FSRUs and other. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long term time charters. The Firm intends to acquire newbuilding FSRUs on long-term charters, rather than FSRUs based on retrofitted, first-generation LNG carriers.

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