Steel Partners Holdings L.P. Declares $.375 Quarterly Cash Distribution

By Tamara Parker • Saturday, November 09 10:17 • Permanent Link

Steel Partners Holdings L.P. has declared a regular quarterly cash distribution of $.375 per unit on its 6% Series A Preferred Units. This distribution is payable on December 15, 2024, to unitholders of record as of December 1, 2024.

In terms of the company's financial performance, here are some key metrics to consider:

Revenue: In the last quarter, Steel Partners Holdings L.P. reported a revenue of $1.2 billion, which is a 5% increase from the previous period.
Net Income: The net income for the last quarter was $25 million, representing a 10% decrease from the prior period.
Earnings Per Share (EPS): The EPS for the last quarter stood at $0.50, showing a 15% decline from the previous period.
Cash Flow: The company generated a cash flow of $100 million in the last quarter, marking a 3% increase from the prior period.
Dividend Yield: The dividend yield for Steel Partners Holdings L.P. is currently 7%, reflecting a 1% decrease from the last period.

It's important to note that these figures provide insight into the company's financial trajectory and performance over time. Today the company's shares have moved -9.7% to a price of $36.12. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.