Teekay LNG Partners L.P. (TGP) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that TGP reports less variability in its free cash flow than merely 2.49% of the dividend stocks we're tracking.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with TGP that may be suitable potential portfolio mates: SWCH, JRVR, RBA, AMK and BAH.
TGP Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $15.23 | $18.99 | 53.43% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for TGP, the dividend discount model StockNews created for the company implies a positive return of 53.43%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Teekay LNG Partners LP are:
- Relative to all dividend yielding stocks in our set, Teekay LNG Partners LP produces a dividend yield 8.13% -- which falls in the top 6.39%.
- TGP's market cap of approximately $953 million makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 86.68% of them.
- Based on dividend growth rate, TGP boasts a higher growth rate in terms of its annual cash distributed to its owners than 2.97% of the dividend issuers in our set.
TGP Dividend Chart
TGP Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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TGP Dividends vs. Peers
TGP's dividend yield currently ranks #5 of 9 vs. its peers in the MLPs - Gas category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | APU | AmeriGas Partners, L.P. | 12.17% |
| 2 | HMLP | Hoegh LNG Partners LP Common Units representing Limited Partner Interests | 10.99% |
| 3 | SPH | Suburban Propane Partners, L.P. | 8.19% |
| 4 | HESM | Hess Midstream Partners LP Common Limited Partner Interests | 7.80% |
| 5 | TGP | Teekay LNG Partners L.P. | 7.73% |
| 6 | AMGP | Antero Midstream GP LP of Beneficial Interests | 5.26% |
| 7 | AMID | American Midstream Partners, LP Common Units representing Limited Partner Interests | 4.01% |
| 8 | GMLP | Golar LNG Partners LP - Common Limited Partnership | 2.25% |
| 9 | SXE | Southcross Energy Partners, L.P. | 0.00% |
Looking for More Information on TGP dividends?
Here are a few links from around the web to help you further your research on Teekay LNG Partners LP and its dividends:Teekay LNG Partners LP Common Stock (TGP) Dividend History | Nasdaq
Dividend History for Teekay LNG Partners LP (TGP) - Dividend Investor
Teekay LNG Partners LP (TGP) Dividend History - Seeking Alpha