Dividend Flows Coverage: USD Partners LP (NYSE:USDP) advises investors to expect $0.32 dividends on Nov 14, 2016.

Dividend Flows Coverage: USD Partners LP (NYSE:USDP) advises investors to expect $0.32 dividends on Nov 14, 2016.

USD Partners LP (NYSE:USDP) is expected to pay $0.32 on Nov 14, 2016. The indicated annual dividend is $1.29. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on USD Partners LP’s current price of $12.10, the dividend is 2.66%. This dividend’s record date is Nov 7, 2016 and the announcement date is Nov 1, 2016. About 10,798 shares traded hands. USD Partners LP (NYSE:USDP) has risen 52.41% since March 31, 2016 and is uptrending. It has outperformed by 49.89% the S&P500.

USD Partners LP is a fee-based, master limited partnership formed by US Development Group LLC (USD) to acquire, develop and operate energy-related logistics assets, including rail terminals and other midstream infrastructure. The company has a market cap of $263.52 million. The Firm conducts its business through two divisions: Terminalling services and Fleet services. It has a 12.82 P/E ratio. The Company’s Terminalling services segment consists activities of Hardisty terminal, Casper terminal and Ethanol terminals.

USD Partners LP (NYSE:USDP) Ratings Coverage

Out of 3 analysts covering USD Partners LP (NYSE:USDP), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. USD Partners LP has been the topic of 7 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of USD Partners LP (NYSE:USDP) earned “Neutral” rating by Citigroup on Thursday, May 26. As per Tuesday, October 18, the company rating was downgraded by Janney Capital. As per Friday, September 9, the company rating was initiated by FBR Capital. The firm earned “Buy” rating on Tuesday, March 29 by Citigroup. The company was downgraded on Tuesday, July 21 by Barclays Capital.

More recent USD Partners LP (NYSE:USDP) news were published by: Streetinsider.com which released: “Form 3 USD Partners LP For: Sep 30 Filed by: COPPEDGE SCHUYLER” on October 31, 2016. Also Businesswire.com published the news titled: “USD Partners Announces Sixth Consecutive Quarterly Distribution Increase to $0 …” on October 27, 2016. Businesswire.com‘s news article titled: “USD Partners Announces Fourth Consecutive Quarterly Distribution Increase to …” with publication date: April 28, 2016 was also an interesting one.

USDP Company Profile

USD Partners LP (USD Partners), incorporated on June 5, 2014, is a fee-based, master limited partnership formed by US Development Group LLC (USD) to acquire, develop and operate energy-related logistics assets, including rail terminals and other midstream infrastructure. The Firm conducts its business through two divisions: Terminalling services and Fleet services. The Company’s principal assets consist of a crude oil origination terminal in Hardisty, Alberta, Canada; a crude oil terminal in Casper, Wyoming, and two unit train-capable ethanol destination terminals in San Antonio, Texas and West Colton, California.

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