Cheniere Increases Quarterly Dividend From $0.3950 To $0.435 Per Share
Portfolio Pulse from Benzinga Newsdesk
Cheniere Energy, Inc. (NYSE:LNG) has announced a 10% increase in its quarterly cash dividend to $0.435 per common share, payable on November 17, 2023 to shareholders of record as of the close of business on November 9, 2023.
October 30, 2023 | 12:32 pm
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Cheniere Energy's decision to increase its quarterly dividend by 10% could make the stock more attractive to income-focused investors, potentially leading to a short-term increase in the stock price.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could attract more investors to the stock, potentially leading to an increase in demand and a short-term rise in the stock price. However, the actual impact will depend on various factors, including the overall market conditions and investor sentiment towards the energy sector.
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