Teekay LNG Partners L.P. (TGP) Dividends
Dividend Yield and Dividend History Highlights
TGP Price Forecast Based on Dividend Discount Model
|Current Price||DDM Fair Value Target:||Forecasted Gain:|
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. Regarding Teekay LNG Partners LP, the DDM model, as implemented by StockNews, implies a positive return of 81.44% relative to its current price. To help understand and contextualize the model's evaluation of TGP, investors may wish to consider are:
- Compared to other US stocks that pay a dividend, Teekay LNG Partners LP produces a dividend yield 9.47% -- which falls in the top 7.09999999999999%.
- TGP's market cap of approximately $832 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 83.85% of them.
- Based on dividend growth rate, TGP boasts a higher growth rate in terms of its annual cash distributed to its owners than 2.71% 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
|1||HMLP||Hoegh LNG Partners LP Common Units representing Limited Partner Interests||15.77%|
|2||APU||AmeriGas Partners, L.P.||12.17%|
|3||HESM||Hess Midstream Partners LP Common Limited Partner Interests||11.65%|
|4||TGP||Teekay LNG Partners L.P.||9.47%|
|5||SPH||Suburban Propane Partners, L.P.||7.39%|
|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||3.94%|
|9||SXE||Southcross Energy Partners, L.P.||0.00%|