Golar LNG (GLNG) Cuts Qtr. Dividend 88.9% to 5c/Share; Yields 1.2%

February 29, 2016 9:32 AM EST

Golar LNG (NASDAQ: GLNG) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. This is an 88.9% decrease from the prior dividend of $0.45.

The dividend will be payable on March 30, 2016, to stockholders of record on March 16, 2016, with an ex-dividend date of March 14, 2016.

The annual yield on the dividend is 1.2 percent.

For a dividend history and other dividend-related data on Golar LNG (GLNG) click here.

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