Green Plains Partners LP (NASDAQ:GPP) announced a quarterly dividend on Thursday, October 17th, Zacks reports. Investors of record on Friday, November 1st will be given a dividend of 0.475 per share by the transportation company on Friday, November 8th. This represents a $1.90 annualized dividend and a dividend yield of 13.35%. The ex-dividend date of this dividend is Thursday, October 31st.
Shares of NASDAQ GPP traded up $0.01 during trading hours on Tuesday, hitting $14.23. 3,970 shares of the stock were exchanged, compared to its average volume of 29,724. The company’s 50 day moving average is $13.35 and its 200 day moving average is $14.03. The firm has a market capitalization of $326.09 million, a P/E ratio of 8.96 and a beta of 0.53. Green Plains Partners has a one year low of $12.53 and a one year high of $16.47.
Green Plains Partners (NASDAQ:GPP) last posted its quarterly earnings data on Monday, August 5th. The transportation company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.12. The business had revenue of $20.83 million during the quarter, compared to the consensus estimate of $21.27 million. Green Plains Partners had a net margin of 54.48% and a negative return on equity of 65.23%. On average, analysts anticipate that Green Plains Partners will post 1.8 EPS for the current year.
About Green Plains Partners
Green Plains Partners LP provides fuel storage and transportation services. It acquires, owns, develops, and operates ethanol and fuel storage tanks, terminals, transportation assets, and other related assets and businesses. The company owns or leases 32 ethanol storage facilities and approximately 49 acres of land.
Recommended Story: How to calculate the annual rate of depreciation
Receive News & Ratings for Green Plains Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains Partners and related companies with MarketBeat.com's FREE daily email newsletter.