Southcross Energy Partners LP (NYSE:SXE) announced a quarterly dividend on Monday, July 29th, Stock Ratings Network reports. Stockholders of record on Friday, August 9th will be paid a dividend of $0.40 per share on Wednesday, August 14th. This represents a $1.60 annualized dividend and a dividend yield of 7.01%. The ex-dividend date is Wednesday, August 7th.
Southcross Energy Partners LP (NYSE: SXE) opened at 22.81 on Tuesday. Southcross Energy Partners LP has a 1-year low of $18.34 and a 1-year high of $26.49. The stock’s 50-day moving average is currently $22.98. The company’s market cap is $557.3 million.
Southcross Energy Partners LP (NYSE:SXE) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.08. The company had revenue of $144.25 million for the quarter, compared to the consensus estimate of $155.45 million. On average, analysts predict that Southcross Energy Partners LP will post $0.16 earnings per share for the current fiscal year.
Southcross Energy Partners, L.P. is a limited partnership. The Company owns, operates, develops and acquires midstream energy assets.