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Ex-Div Reminder for Golar LNG Ltd (GLNG)

By Dividend Channel Staff, Wednesday, September 7, 10:15 AM ET
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On 9/9/11, Golar LNG Ltd (NASDAQ:GLNG) will trade ex-dividend, for its quarterly dividend of $0.275, payable on 9/27/11. As a percentage of GLNG's recent stock price of $31.66, this dividend works out to approximately 0.87%.

Below is a dividend history chart for GLNG, showing historical dividends prior to the most recent $0.275 declared by Golar LNG Ltd:

GLNG Dividend History
Date Div*
06/08/11 0.250
03/09/11 0.300
12/06/10 0.250
09/08/10 0.150
06/04/10 0.500
12/04/08 0.250
08/22/08 0.250
06/06/08 0.250
03/04/08 0.250
08/30/07 0.500
06/14/07 0.750
06/07/07 0.500
03/08/07 0.500
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GLNG is likely to continue, and whether the current estimated yield of 3.47% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, GLNG makes up 2.10% of the WilderHill Progressive Energy Portfolio ETF (AMEX:PUW) which is trading higher by about 3.1% on the day Wednesday.

     See what other ETFs contain GLNG »
     See what other stocks are held by PUW »

GLNG operates in the Oil & Gas Equipment & Services sector, among companies like Oceaneering International, Inc. (NYSE:OII) which is up about 2.9% today, and Core Laboratories N.V. (NYSE:CLB) trading higher by about 1.6%. Below is a three month price history chart comparing the stock performance of GLNG, versus OII and CLB.

GLNG,OII,CLB Relative Performance Chart

In Wednesday trading, Golar LNG Ltd shares are currently up about 1.6% on the day.


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