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Capital Product Partners LP bears the ticker symbol CPLP, and this is my first mention of Capital for this new Viking Portfolio, or for any of my previous seven dog of the week folios.

Capital Product Partners LP provides seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils, and dry cargo and containerized goods.

Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers, and capsize bulk carrier.

Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil, and jet fuel), edible oils, and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.

Capital GP L.L.C. serves as the general partner of the company.

The company was incorporated in 2007 and is headquartered in Piraeus, Greece.

Three key data points gauge CPLP or any dividend-paying firm:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.
 

CPLP Price

Capital Product Partners' price per share was $14.52 at Thursday’s market close. In the past year, CPLP's share price fell by $0.17, or about 1%.

If CPLP stock trades in the range of $12.00 to $20.00 this next year, its recent $14.52 share price might reach $17.00 by next year. That upside estimate of $2.48 is $1.67 under the average of three annual price targets estimated by analysts tracking CPLP for brokers.
 

CPLP Dividend

Capital Product Partners' most recent quarterly dividend of $0.15 casts a forward annual yield of 4.13%.
 

CPLP Returns

Adding the $0.60 annual estimated CPLP dividend to my one-year price upside estimate of $2.48 reveals a $3.08 potential gross gain estimate per share.

At Thursday’s $14.52 closing price, a little over $1000 would buy 69 shares.

A $10 broker fee (if charged), paid half at purchase and half at the sale, might cost us about $0.145 per share.

Subtracting that maybe $0.145 brokerage cost from my estimated $3.08 gross gain makes a net gain of $2.94 X 69 shares = $202.52 for a 20.25% net gain including the 4.13% annual dividend yield.

In the next year, our $1K investment in shares of Capital Product Partners could generate $41.30 in cash dividends. Furthermore, a single share of CPLP at Thursday’s $14.52 price is over 2.5 times less than the estimated annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is a proper time to maybe buy Capital Product Partners shares, based on their dividends for 2023. The current dividend from $1K invested is 2.8 times higher than the CPLP single share price. Consider yourself alerted.

Now is the time to consider CPLP shares.

All of the estimates above are speculation based on the past history of investment in shares of Capital Product Partners. Only time and money invested in this stock will determine its future market value.

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