Golar LNG Partners LP(GMLP) Declares Dividend of $0.5775.

Golar LNG Partners LP (GMLP) had declared a cash dividend of $0.5775 on Jan 26, 2017. The shares will quote ex-dividend on Feb 3, 2017 and the record date has been fixed for Feb 7, 2017. Based on Feb 3, 2017 share price, the yield comes out to be 9.6%. The dividend payable date has been fixed on Feb 14, 2017.

In a different note, On Jan 3, 2017, Stifel Nicolaus said it Downgrades its rating on Golar LNG Partners LP. The shares have been rated ‘Hold’ by the firm.

Golar LNG Partners LP (GMLP) shares turned negative on Tuesdays trading session with the shares closing down -0.11 points or -0.45% at a volume of 1,56,108. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $24.74. The peak price level was also seen at $24.74 while the days lowest was $24.5. Finally the shares closed at $24.54. The 52-week high of the shares is $25.8199 while the 52-week low is $11.24. According to the latest information available, the market cap of the company is $1,530 M.

Golar LNG Partners LP(GMLP) last announced its earnings results on Nov 30, 2016 for Fiscal Year 2016 and Q3.Earnings per share were $0.92.

Golar LNG Partners LP (Golar LNG Partners) owns and operates floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters. The Company operates a fleet of around six FSRU vessels and four LNG carriers. The Company’s FSRU vessels include Golar Spirit Golar Winter Golar Freeze NR Satu Golar Igloo and Golar Eskimo. The Company’s LNG carriers include Golar Mazo Methane Princess Golar Grand and Golar Maria. The Company charters its vessels to BG Group Pertamina Petrobras Dubai Supply Authority PTNR Eni S.p.A. KNPC and the Government of the Hashemite Kingdom of Jordan.

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