Published on 4 Jun 2023 on Simply Wall St. via Yahoo Finance
Golar LNG Limited (NASDAQ:GLNG) stock is about to trade ex-dividend in 4 days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Meaning, you will need to purchase Golar LNG's shares before the 9th of June to receive the dividend, which will be paid on the 16th of June.
The company's upcoming dividend is US$0.25 a share, following on from the last 12 months, when the company distributed a total of US$1.00 per share to shareholders. Last year's total dividend payments show that Golar LNG has a trailing yield of 4.6% on the current share price of $21.74. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! As a result, readers should always check whether Golar LNG has been able to grow its dividends, or if the dividend might be cut.
Check out our latest analysis for Golar LNG