Hoegh LNG Partners LP (NYSE:HMLP) had declared a cash dividend of $0.4125 on Jul 22, 2016. The shares will quote ex-dividend on Aug 3, 2016 and the record date has been fixed for Aug 5, 2016. On Jul 22, 2016 share price, the yield comes out to be 8.9141%. The dividend payable date has been fixed on Aug 15, 2016.
Hoegh LNG Partners LP (HMLP) shares turned negative on Thursdays trading session with the shares closing down -0.08 points or -0.42% at a volume of 5,304. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $19.15. The peak price level was also seen at $19.15 while the days lowest was $18.9. Finally the shares closed at $19.15. The 52-week high of the shares is $21.06 while the 52-week low is $11.5. According to the latest information available, the market cap of the company is $504 M.
Hoegh LNG Partners LP(HMLP) last announced its earnings results on May 31, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $21.67M. Analysts had an estimated revenue of $23.36M. Earnings per share were $-0.04. Analysts had estimated an EPS of $0.45.
Hoegh LNG Partners LP is a Bermuda-based limited partnership formed by Hoegh LNG Holdings Ltd. (HLNG) a floating LNG (liquefied natural gas) service provider. The Company owns and operates floating storage and regasification units (FSRUs) under long-term charters. The Company operates through two segments: Majority Held FSRUs and Joint Venture FSRUs. In addition interest income from advances to joint ventures and the demand note from Hoegh LNG are included in Other. The Company generates revenues by chartering the vessels in its initial fleet under long-term time charters. Majority held FSRUs include the direct financing lease related to the PGN FSRU Lampung and construction contract revenue and expenses of the Mooring. Joint venture FSRUs include two 50% owned FSRUs the GDF Suez Neptune and the GDF Suez Cape Ann that operate under long term time charters with one charterer GDF Suez.