CSI Compressco LP - common units (CCLP) Dividends
Dividend Yield and Dividend History Highlights
- In terms of compounded growth rate of annual dividends, CCLP's growth rate has been -0.47% over the past 5.5 years.
- If you care about predictable cash flow, note that CCLP reports less variability in its free cash flow than 3.8% of the dividend stocks we're tracking.
- As for stocks whose price is uncorrelated with CCLP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: PPL, OGS, COG, AZN and STAF.
CCLP Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $2.42 | $1.94 | 38.53% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for CCLP, the DDM model, as implemented by StockNews, implies a positive return of 38.53% relative to its current price. To help understand and contextualize the model's evaluation of CCLP, investors may wish to consider are:
- In terms of opportunity, CSI Compressco LP's estimated return of 38.53% surpasses about 61.33% of dividend issuers we applied the dividend discount model to.
- Beta, a measure of volatility relative to the stock market overall, is lower for CSI Compressco LP than it is for 93.33% of other dividend issuers in the Energy sector.
- Based on dividend growth rate, CSI Compressco LP has been increasing its dividends at a faster rate than only 0.68% of US-listed dividend-issuing stocks we observed.
CCLP Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
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CCLP Dividends vs. Peers
CCLP's dividend yield currently ranks #49 of 81 vs. its peers in the MLPs - Oil & Gas category.