Sanchez Midstream Partners LP Declares Quarterly Dividend of $0.15 (SNMP)

Sanchez Midstream Partners LP (NYSEAMERICAN:SNMP) announced a quarterly dividend on Tuesday, May 7th, Wall Street Journal reports. Shareholders of record on Wednesday, May 22nd will be given a dividend of 0.15 per share by the basic materials company on Friday, May 31st. This represents a $0.60 annualized dividend and a yield of 28.17%. The ex-dividend date of this dividend is Tuesday, May 21st.

Sanchez Midstream Partners stock traded up $0.03 during mid-day trading on Thursday, reaching $2.13. The company’s stock had a trading volume of 27,859 shares, compared to its average volume of 84,290. Sanchez Midstream Partners has a 12 month low of $1.27 and a 12 month high of $12.34.

Sanchez Midstream Partners (NYSEAMERICAN:SNMP) last posted its earnings results on Thursday, May 9th. The basic materials company reported ($0.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.49) by ($0.12). The firm had revenue of $17.49 million for the quarter.

Separately, TheStreet cut shares of Sanchez Midstream Partners from a “c-” rating to a “d” rating in a research report on Friday, May 17th.

ILLEGAL ACTIVITY NOTICE: “Sanchez Midstream Partners LP Declares Quarterly Dividend of $0.15 (SNMP)” was originally posted by Rockland Register and is the property of of Rockland Register. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at

Sanchez Midstream Partners Company Profile

Sanchez Midstream Partners LP engages in the acquisition, development, ownership, and operation of midstream and other energy-related assets in the United States. It operates in two segments, Midstream and Production. The Midstream segment engages in gathering, processing, and transporting natural gas, NGLs, and oil.

Further Reading: What is the Coverage Ratio?

Dividend History for Sanchez Midstream Partners (NYSEAMERICAN:SNMP)

Receive News & Ratings for Sanchez Midstream Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sanchez Midstream Partners and related companies with's FREE daily email newsletter.