Don't know why it's going down like this.
Today, July 23rd TGP trades "Ex-dividend". This means anyone who buys it does NOT get that dividend, so THAT PART of the share price has been deducted.... ADD 67.5 cents to the closing price. Shareholders of record will be paid their dividend on August 10th....
nice couple of day move even when the market was down yesterday.
50 day---ABOVE
200 day ---above
40 day weekly----above
P @ F chart 3 box reversal-positive
distributions have been good
Is this a short or long term play?
Could use some answers here.
I know Wall St plays its games of selling on the news peaks, then forcing it down to short. Don't know if that makes sense here.
Looks good news to me. Raised dividend as planed have more cash flow than before so the only reason it may be down is it missed the numbers that the "market" expected.
I am in. nuff said.
they have Charters locked in. Some may be for longer terms than desired as they may miss some of the run-up in day rates, however profit improved as did the other metrics I saw.
So far the demand for LNG ships is still outstripping planned construction so this would seem to be a "Perfect Dividend Payer"
Can someone tell me what I'm missing????
i am saying general market malaise. TGP is doing it right but many investors are squeamish and are headed for sidelines after earnings reports. I am sticking
with this well run company and the attractive yield.