Have Been Scheduled
NTI - Upcoming Dividend Payouts
Next Ex-Dividend Date
|Amount||Declare Date||Ex-Dividend Date ▲||Record Date||Pay Date||Payout Type|
|No Upcoming Dividend Dates|
NTI - Dividend Yield & Stock Price History
Current Dividend Yield
NTI - Dividend Payout History
Current Annual Payout
Dividend.com DARS Rating™ Breakdown for NTI
NTI - Dividend Growth History
Last 5 Yrs
Last 3 Yrs
|Reveal Dividend Growth History for NTI.||NA%||135.8%||1 year|
NTI - Historical Annual Dividend Data & Growth
Payouts Increasing For
|Payout Amount||Calendar Year||Annual Growth|
NTI - Historical Dividend Data
Payouts Increasing For
|Payout Amount||Declared Date||Ex-Dividend Date||Record Date||Pay Date ▼||Qualified Dividend?||Payout Type||Frequency|
Northern Tier Energy LP (NTI) - News
Northern Tier Energy LP Enters $775 Million Deal (NTI)Nov 12, 2013The Connecticut-based petroleum refiner, Northern Tier Energy LP (NTI) , announced on Tuesday that it has entered into an agreement that would sell it off to Western Refining Inc. in a deal reportedly worth $775 million. Northern Tier Energy said that its private equity sponsors, ACON Investments and TPG, have struck a definitive agreement that would sell all of their interests in the East Coast refining company to Texas-based Western Refining. According to sources, the deal also includes the distribution on the common shares acquired with respect to the last quarter ending on 9/30/2013; as a result, Western Refining now owns the general partner in its entirety along with a 38.7% stake in Northern Tier Energy. Western Refining will be acquiring a refinery in St. Paul, Minnesota, and the company commented that this transaction, which was signed and closed today, would immediately be reflected in its earnings and cash flow. Northern Tier Energy LP shares rallied higher today, gaining 3.35% as the closing bell rang.
Northern Tier Energy Announces Offering on Public Units (NTI)Aug 14, 2013On Wednesday, limited partnership Northern Tier Energy LP (NTI) announced that Northern Tier Holdings LLC will sell 11,500,000 common units of limited partner interests in the Partnership. The public offering will be priced at $22.85 per unit. The unit holder will also allow underwriters a 30 day option to purchase an additional 1,725,000 common units. The offering will close on August 19. Northern Tier Energy shares were down $1.52, or 6.38%, during Wednesday morning trading. The stock is down 13% YTD. The Bottom Line Shares of Northern Tier Energy LP (NTI) have a 19.57% yield based on Tuesday's closing price of $23.87. Northern Tier Energy LP (NTI) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
Bank of America announced today that it has downgraded Northern Tier Energy LP (NTI) from "Buy" to "Neutral." The firm also lowered the stock's...