Teekay LNG Partners L.P. (NYSE:TGP) Updates On Dividend Release Date


On 2016-07-08, Teekay LNG Partners L.P. (NYSE:TGP) confirmed the dividend disbursement of $0.14 a share to shareholders as on record 2016-07-29. The firm will release dividend on 2016-08-12 while ex-dividend date is reported to be 2016-07-27.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Teekay LNG Partners L.P. (NYSE:TGP) paid a total of $0.14 per share in dividends. This figure stood at $0.14 a share in the same period a year ago indicating a deviation of 1.1853%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $14.75 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $15 and $14.5, respectively.

Taking the mathematical rating formula, the price for Teekay LNG Partners L.P. (NYSE:TGP) stands at 2.5. Earnings Review Teekay LNG Partners L.P. (NYSE:TGP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.36.

Coming to the quarter ending on 2015-12-31, Teekay LNG Partners L.P. (NYSE:TGP) recorded EPS of $0.66. The reported numbers came lower than the analysts’ estimates of $0.29, demonstrating a miss of $0.37 as against reported figures.

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