Golar LNG Limited Announces Dividend Payment: What You Need to Know
Golar LNG Limited (GLNG), a leading international owner and operator of LNG carriers, recently declared a dividend for the fourth quarter of 2024. The total dividend amount is set at $0.25 per share.
Shareholders of record as of March 11, 2025, will be eligible to receive the dividend payment. The payment is expected to occur on or around March 18, 2025.
Payment Dates for Norwegian Shareholders
It is essential to note that due to the Central Securities Depository Regulation (CSDR), the payment for the small number of Golar shares registered in Norway’s central securities depository (VPS) will have a different payment date:
- Record Date: March 11, 2025
- Ex-Dividend Date: March 9, 2025
- Payment Date for Norwegian Shareholders: April 1, 2025
How Will This Affect Individual Investors?
For individual investors who hold their Golar LNG Limited shares through a brokerage firm outside of Norway, the dividend payment process will typically follow standard procedures. Shareholders should check with their specific brokerage firms for any specific instructions or deadlines related to the dividend distribution.
However, if you hold your shares through VPS in Norway, you will receive your dividend payment slightly later than other shareholders. This discrepancy is due to the implementation of the CSDR, which aims to enhance the efficiency of European securities markets and improve investor protection.
Global Impact of the Dividend Announcement
The dividend announcement from Golar LNG Limited could have a positive impact on the company’s stock price. Historically, dividend payments have been associated with increased investor confidence and a potential boost in share prices.
Additionally, the dividend payment underscores the financial strength and stability of Golar LNG Limited, which could attract new investors and further support the company’s growth.
Conclusion
Golar LNG Limited’s dividend announcement is an essential development for the company’s shareholders. The dividend amount of $0.25 per share, payable on or around March 18, 2025, represents a significant return on investment for those who held their shares as of the record date. However, it is essential for Norwegian shareholders to be aware of the different payment schedule due to the CSDR regulations.
The dividend announcement also highlights the company’s financial strength and stability, which could lead to increased investor confidence and potentially a boost in the stock price. Overall, this dividend payment is a positive sign for Golar LNG Limited and its shareholders.
