Dividend Watching: $0.12 dividends are within arm’s reach for Archrock, Inc. (NYSE:AROC) shareholders.

Dividend Watching: $0.12 dividends are within arm's reach for Archrock, Inc. (NYSE:AROC) shareholders.

Archrock, Inc. (NYSE:AROC) is expected to pay $0.12 on Nov 17, 2016. The indicated annual dividend is $0.48. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Archrock, Inc.’s current price of $10.95, the dividend is 1.10%. This dividend’s record date is Nov 10, 2016 and the announcement date is Nov 1, 2016. The stock decreased 0.45% or $0.05 on November 4, hitting $10.95. Archrock Inc (NYSE:AROC) has risen 64.91% since April 5, 2016 and is uptrending. It has outperformed by 62.95% the S&P500.

Archrock, Inc., formerly Exterran Holdings, Inc., is a natural gas contract activities services company. The company has a market cap of $762.41 million. The Firm also provides natural gas compression services to clients in the oil and natural gas industry throughout the United States and supplies aftermarket services to clients that own compression equipment in the United States. It currently has negative earnings. The Company’s divisions include contract activities and aftermarket services.

Archrock Inc (NYSE:AROC) Ratings Coverage

Out of 8 analysts covering Archrock (NYSE:AROC), 2 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 25% are positive. Archrock has been the topic of 9 analyst reports since March 28, 2016 according to StockzIntelligence Inc. The rating was initiated by Piper Jaffray with “Neutral” on Monday, August 22. The rating was initiated by RF Lafferty with “Buy” on Tuesday, April 5. The company was initiated on Friday, July 15 by FBR Capital. Howard Weil upgraded the stock to “Sector Perform” rating in Monday, March 28 report. The stock has “Neutral” rating given by Piperjaffray on Monday, August 22. The rating was downgraded by RBC Capital Markets on Tuesday, May 3 to “Underperform”. On Friday, August 5 the stock rating was upgraded by RBC Capital Markets to “Sector Perform”. On Monday, August 22 the stock rating was initiated by PiperJaffray with “Neutral”. The firm has “Accumulate” rating given on Friday, August 5 by Johnson Rice.

AROC Company Profile

Archrock, Inc., formerly Exterran Holdings, Inc., incorporated on February 2, 2007, is a natural gas contract activities services company. The Firm also provides natural gas compression services to clients in the oil and natural gas industry throughout the United States and supplies aftermarket services to clients that own compression equipment in the United States. The Company’s divisions include contract activities and aftermarket services. The contract activities segment primarily provides natural gas compression services to meet specific customer requirements. The aftermarket services segment provides a range of services to support the compression needs of customers, from parts sales and normal maintenance services to full operation of a customer’s owned assets.

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