Dividend To Observe: DCP Midstream Partners, LP (NYSE:DPM) shareholders can count on dividends of $0.78 on Nov 14, 2016.

Dividend To Observe: DCP Midstream Partners, LP (NYSE:DPM) shareholders can count on dividends of $0.78 on Nov 14, 2016.

DCP Midstream Partners, LP (NYSE:DPM) is expected to pay $0.78 on Nov 14, 2016. The indicated annual dividend is $3.12. Shareholders owning the stock before Nov 4, 2016 will be eligible to receive the payout. Based on DCP Midstream Partners, LP’s current price of $32.63, the dividend is 2.39%. This dividend’s record date is Nov 8, 2016 and the announcement date is Oct 28, 2016. The stock decreased 2.07% or $0.69 on November 2, hitting $32.63. DCP Midstream Partners, LP (NYSE:DPM) has risen 26.47% since April 1, 2016 and is uptrending. It has outperformed by 25.26% the S&P500.

DCP Midstream Partners, LP is a limited partnership. The company has a market cap of $3.66 billion. The Firm operates through three divisions: Natural Gas Services, NGL Logistics and Wholesale Propane Logistics. It has a 18.43 P/E ratio. The Company’s Natural Gas Services segment consists of a geographically diverse complement of assets and ownership interests that provide a range of wellhead to market services for its producer customer, which include gathering, compressing, treating, processing, transporting and storing natural gas, and fractionating NGLs.

Insitutional Activity: The institutional sentiment increased to 0.98 in 2016 Q2. Its up 0.11, from 0.87 in 2016Q1. The ratio is positive, as 9 funds sold all DCP Midstream Partners, LP shares owned while 45 reduced positions. 19 funds bought stakes while 34 increased positions. They now own 75.59 million shares or 2.50% less from 77.53 million shares in 2016Q1.
Jane Street Grp Inc Limited Liability, a New York-based fund reported 8,433 shares. Advisory Ser Net Ltd Liability Company accumulated 200 shares or 0% of the stock. Moreover, Manufacturers Life The has 0% invested in DCP Midstream Partners, LP (NYSE:DPM) for 3,195 shares. Qci Asset Management Inc Ny holds 200 shares or 0% of its portfolio. First Trust L P, a Illinois-based fund reported 238,722 shares. Atlantic Trust Grp Ltd Liability Company owns 408,242 shares or 0.1% of their US portfolio. Finemark Bancorp & has 2,704 shares for 0.01% of their US portfolio. First Eagle Limited Co last reported 0.28% of its portfolio in the stock. Horseman Management Ltd holds 1.92% or 255,088 shares in its portfolio. Lpl Financial Ltd Liability owns 6,433 shares or 0% of their US portfolio. Landscape Cap Mgmt Ltd Liability Corporation owns 15,200 shares or 0.07% of their US portfolio. Jpmorgan Chase & Communication owns 1.38M shares or 0.01% of their US portfolio. The Ontario – Canada-based Agf Investments Inc has invested 0% in DCP Midstream Partners, LP (NYSE:DPM). Royal Bank Of Canada has 0% invested in the company for 15,300 shares. Heronetta Management Ltd Partnership holds 2.31% of its portfolio in DCP Midstream Partners, LP (NYSE:DPM) for 124,600 shares.

DCP Midstream Partners, LP (NYSE:DPM) Ratings Coverage

Out of 13 analysts covering DCP Midstream Partners LP (NYSE:DPM), 3 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 23% are positive. $41 is the highest target while $27 is the lowest. The $32.89 average target is 0.80% above today’s ($32.63) stock price. DCP Midstream Partners LP has been the topic of 21 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Stifel Nicolaus on Thursday, January 28. Ladenburg Thalmann downgraded the shares of DPM in a report on Thursday, July 21 to “Neutral” rating. RBC Capital Markets maintained DCP Midstream Partners, LP (NYSE:DPM) on Friday, August 7 with “Outperform” rating. The stock has “Outperform” rating given by Wells Fargo on Monday, January 18. The stock has “Neutral” rating given by UBS on Thursday, September 17. The firm earned “Buy” rating on Wednesday, August 31 by Wunderlich. The stock of DCP Midstream Partners, LP (NYSE:DPM) has “Equal Weight” rating given on Tuesday, November 10 by Barclays Capital. The stock of DCP Midstream Partners, LP (NYSE:DPM) has “Buy” rating given on Tuesday, April 19 by Citigroup. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, March 18 report. The company was initiated on Friday, September 9 by FBR Capital.

More notable recent DCP Midstream Partners, LP (NYSE:DPM) news were published by: Forbes.com which released: “DCP Midstream Partners Reaches Analyst Target Price” on October 10, 2016, also Fool.com with their article: “Expiring Hedges Hurt DCP Midstream Partners, LP’s Q2 Results” published on August 04, 2016, Fool.com published: “DCP Midstream Partners, LP Earnings: Context Is Key” on November 07, 2015. More interesting news about DCP Midstream Partners, LP (NYSE:DPM) were released by: Fool.com and their article: “New Projects Fuel DCP Midstream Partners, LP Q1 Results” published on May 05, 2016 as well as Fool.com‘s news article titled: “DCP Midstream Partners, LP Earnings Hit a Record” with publication date: February 25, 2016.

DPM Company Profile

DCP Midstream Partners, LP, incorporated on August 5, 2005, is a limited partnership. The Firm is engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling natural gas liquids (NGLs) and recovering and selling condensate, and transporting, storing and selling propane in wholesale markets. The Firm operates through three divisions: Natural Gas Services, NGL Logistics and Wholesale Propane Logistics.

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