Sanchez Production Partners LP (SNMP) Announces Quarterly Dividend of $0.45

Sanchez Production Partners LP (NYSEMKT:SNMP) announced a quarterly dividend on Tuesday, November 7th, Zacks reports. Stockholders of record on Monday, November 20th will be given a dividend of 0.451 per share on Thursday, November 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 14.32%. The ex-dividend date of this dividend is Friday, November 17th.

Sanchez Production Partners (NYSEMKT SNMP) opened at $12.60 on Friday. Sanchez Production Partners has a fifty-two week low of $9.35 and a fifty-two week high of $15.92.

Separately, BidaskClub raised Sanchez Production Partners from a “sell” rating to a “hold” rating in a report on Saturday, November 4th.

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Sanchez Production Partners Company Profile

Sanchez Midstream Partners LP, formerly Sanchez Production Partners LP, is focused on the acquisition, development, ownership and operation of midstream and other energy producing assets. The Company operates through two segments: the exploration and production of oil and natural gas, and the midstream business, which includes the Catarina gathering system.

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