Golar LNG (GLNG) Reports Net Earnings of $17.2M for Q411; Proposes Dividend Boost
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Golar LNG (Nasdaq: GLNG) reports Q4 net earnings of $17.2 million.
The Board has proposed an increased quarterly cash dividend of $0.325 per share in respect of the fourth quarter 2011 results. This further supports the Board's positive outlook of the Company's ability to take advantage of the rapid positive developments in the LNG markets. The record date for the dividend is March 11, 2012, ex-dividend date is March 7, 2012 and the dividend will be paid on or about March 21, 2012.
The Board has proposed an increased quarterly cash dividend of $0.325 per share in respect of the fourth quarter 2011 results. This further supports the Board's positive outlook of the Company's ability to take advantage of the rapid positive developments in the LNG markets. The record date for the dividend is March 11, 2012, ex-dividend date is March 7, 2012 and the dividend will be paid on or about March 21, 2012.
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