Transocean Partners LLC ( RIGP ) will begin trading ex-dividend on May 13, 2016. A cash dividend payment of $0.3625 per share is scheduled to be paid on May 24, 2016. Shareholders who purchased RIGP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that RIGP has paid the same dividend. At the current stock price of $12.74, the dividend yield is 11.38%.
The previous trading day's last sale of RIGP was $12.74, representing a -20.87% decrease from the 52 week high of $16.10 and a 116.3% increase over the 52 week low of $5.89.
RIGP is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). RIGP's current earnings per share, an indicator of a company's profitability, is -$.49. Zacks Investment Research reports RIGP's forecasted earnings growth in 2016 as 23.13%, compared to an industry average of -3.6%.