Venture Global, Inc. (VG) To Go Ex-Dividend on September 15th

Venture Global, Inc. (NYSE:VG) declared a quarterly dividend on Friday, August 7th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.04 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 122.2% increase from Venture Global’s previous quarterly dividend of $0.02.

Venture Global Price Performance

Shares of NYSE VG opened at $15.79 on Friday. Venture Global has a one year low of $5.72 and a one year high of $17.62. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.11 and a current ratio of 1.19. The firm has a fifty day moving average of $13.76 and a 200 day moving average of $13.09. The firm has a market cap of $39.47 billion, a PE ratio of 12.43, a PEG ratio of 0.64 and a beta of 0.26.

Venture Global (NYSE:VG) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. The company had revenue of $4.58 billion for the quarter. Venture Global had a return on equity of 34.08% and a net margin of 21.24%. As a group, research analysts predict that Venture Global will post 1.68 EPS for the current fiscal year.

About Venture Global

Venture Global, Inc is a liquefied natural gas (LNG) company that develops, constructs and operates LNG export facilities in the United States. The company sources natural gas from domestic markets, liquefies it at its coastal facilities and supplies LNG to customers in international markets.

Venture Global’s operating and development portfolio is concentrated along the U.S. Gulf Coast. Its Calcasieu Pass LNG facility in Louisiana has entered commercial operations, while its Plaquemines LNG project in Louisiana is being developed and brought into service.