Golar LNG Limited (NASDAQ:GLNG) announced a quarterly dividend on Thursday, November 30th, NASDAQ reports. Stockholders of record on Thursday, December 14th will be given a dividend of 0.05 per share by the shipping company on Thursday, January 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Wednesday, December 13th.

Golar LNG (NASDAQ GLNG) opened at $24.71 on Friday. Golar LNG has a one year low of $19.32 and a one year high of $29.18. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.83.

Golar LNG (NASDAQ:GLNG) last released its quarterly earnings data on Wednesday, August 30th. The shipping company reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.40) by ($0.11). Golar LNG had a negative net margin of 179.35% and a negative return on equity of 7.78%. The company had revenue of $28.41 million during the quarter, compared to analysts’ expectations of $17.03 million. sell-side analysts expect that Golar LNG will post -1.73 earnings per share for the current fiscal year.

Several research firms have issued reports on GLNG. Morgan Stanley reaffirmed an “overweight” rating and set a $31.00 price objective (down from $32.00) on shares of Golar LNG in a report on Friday, September 1st. Cowen restated an “outperform” rating and issued a $45.00 price objective on shares of Golar LNG in a report on Thursday, August 31st. Zacks Investment Research raised Golar LNG from a “sell” rating to a “hold” rating in a report on Wednesday. ABN Amro raised Golar LNG from a “hold” rating to a “buy” rating in a research note on Monday, October 30th. Finally, ValuEngine downgraded shares of Golar LNG from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $34.60.

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Golar LNG Company Profile

Golar LNG Limited is a midstream liquefied natural gas (LNG) company engaged primarily in the transportation, regasification, liquefaction and trading of LNG. The Company is engaged in the acquisition, ownership, operation and chartering of LNG carriers and Floating Storage Regasification Unit (FSRUs) through its subsidiaries and affiliates, and the development of LNG projects, such as floating LNGs (FLNGs).

Dividend History for Golar LNG (NASDAQ:GLNG)

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