LinnCo LLC (LNCO) Plans Sep 14 Dividend of $0.24
LinnCo (NASDAQ:LNCO) declared a sep 14 dividend on Thursday, August 28th, Stock Ratings Network.com reports. Stockholders of record on Monday, September 8th will be given a dividend of 0.2416 per share on Friday, September 12th.
LNCO has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of LinnCo from an “underperform” rating to a “neutral” rating in a research note on Friday, August 15th. They now have a $31.20 price target on the stock. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $34.10.
Shares of LinnCo (NASDAQ:LNCO) traded up 0.16% during mid-day trading on Thursday, hitting $31.29. The stock had a trading volume of 930,816 shares. LinnCo has a 52 week low of $25.79 and a 52 week high of $34.94. The stock has a 50-day moving average of $30.14 and a 200-day moving average of $29.16. The company’s market cap is $4.022 billion.
Linn Co, LLC (NASDAQ:LNCO) sole purpose is to own LINN Energy, LLC (LINN) units.
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