CSI Compressco LP (NASDAQ:CCLP) Updates On Dividend Release Date


On 2016-07-22, CSI Compressco LP (NASDAQ:CCLP) confirmed the dividend disbursement of $0.377 a share to shareholders as on record 2016-08-01. The firm will release dividend on 2016-08-15 while ex-dividend date is reported to be 2016-07-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CSI Compressco LP (NASDAQ:CCLP) paid a total of $0.377 per share in dividends. This figure stood at $0.377 a share in the same period a year ago indicating a deviation of 10.4457%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $9.125 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $12 and $4.5, respectively.

Taking the mathematical rating formula, the price for CSI Compressco LP (NASDAQ:CCLP) stands at 3. Earnings Review CSI Compressco LP (NASDAQ:CCLP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-04. For the period ending on 2016-09-30, experts are expecting EPS of $-0.13.

Coming to the quarter ending on 2015-12-31, CSI Compressco LP (NASDAQ:CCLP) recorded EPS of $-0.14. The reported numbers came lower than the analysts’ estimates of $-0.1, demonstrating a miss of $-0.04 as against reported figures.

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