Golar LNG: Dividend Insights
Portfolio Pulse from Benzinga Insights
Golar LNG (NASDAQ:GLNG) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday are eligible for the payout, which will be distributed on March 20, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.
March 06, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Golar LNG announces a quarterly dividend of 25 cents per share, with an ex-dividend date on Monday. The stock is expected to open lower by the dividend amount on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price by the amount of the dividend on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, GLNG is expected to open 25 cents lower on the ex-dividend date, directly impacting short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100