USD Partners LP (NYSE:USDP) to announce $0.35 dividend on May 11, 2018

May 3, 2018 - By Carey Conley

USD Partners LP (NYSE:USDP) Corporate Logo

On May 11, 2018 $0.35 dividend is supposed to be distributed by USD Partners LP, Zacks reports. May 4, 2018 is the dividend ex-date. The USD Partners LP’s price is $11.13, based on which the dividend is 3.17 %. The announcement and record dates are: Apr 26, 2018 and May 7, 2018. Ticker’s shares touched $11.125 during the last trading session after 0.67% change.USD Partners LP has volume of 30,862 shares. Since May 3, 2017 USDP has declined 13.36% and is downtrending. USDP underperformed the S&P 500 by 24.91%.

USD Partners LP acquires, develops, and operates midstream infrastructure assets and logistics solutions for crude oil, biofuels, and other energy-related products in the United States and Canada.The firm is worth $295.92 million. The firm operates through Terminalling Services and Fleet Services divisions.12.89 is the P/E ratio. The Terminalling Services segment owns and operates Hardisty terminal, an origination terminal for loading various grades of Canadian crude oil onto railcars for transportation to end markets; Stroud terminal, a crude oil destination terminal, which is used to facilitate rail-to-pipeline shipments of crude oil located in Stroud, Oklahoma; Casper terminal, a crude oil storage, blending, and railcar loading terminal located in Casper, Wyoming; and terminals in San Antonio, Texas and West Colton, California, which are unit train-capable destination terminals that transload ethanol received by rail from producers onto trucks.

USD Partners LP (NYSE:USDP) Ratings Coverage

Total analysts of 2 have positions in USD Partners LP (NYSE:USDP) as follows: 0 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 0. Since December 19, 2017 according to StockzIntelligence Inc USD Partners LP has 3 analyst reports. On Tuesday, December 19 the stock of USD Partners LP (NYSE:USDP) has “Neutral” rating given by B. Riley & Co. On Monday, February 5 the company was upgraded by Bank of America.

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