Golar LNG Limited (NASDAQ:GLNG) Updates On Dividend Release Date


On 2016-06-01, Golar LNG Limited (NASDAQ:GLNG) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2016-06-15. The firm will release dividend on 2016-07-07 while ex-dividend date is reported to be 2016-06-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Golar LNG Limited (NASDAQ:GLNG) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $37.5 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $57 and $21, respectively.

Taking the mathematical rating formula, the price for Golar LNG Limited (NASDAQ:GLNG) stands at 1.07. Earnings Review Golar LNG Limited (NASDAQ:GLNG) will report its quarterly earnings for the period ending on 2016-06-30 by 2016-08-31. For the period ending on 2016-06-30, experts are expecting EPS of $-0.47.

Coming to the quarter ending on 2015-12-31, Golar LNG Limited (NASDAQ:GLNG) recorded EPS of $-0.44. The reported numbers came lower than the analysts’ estimates of $-0.41, demonstrating a miss of $-0.03 as against reported figures.

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