Venture Global, Inc. (VG) to Issue Quarterly Dividend of $0.02 on March 31st

Venture Global, Inc. (NYSE:VG) announced a quarterly dividend on Friday, February 28th, RTT News reports. Stockholders of record on Monday, March 10th will be given a dividend of 0.0165 per share on Monday, March 31st. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.44%.

Venture Global Price Performance

VG opened at $15.15 on Friday. Venture Global has a 1-year low of $13.73 and a 1-year high of $25.50.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VG shares. Guggenheim started coverage on shares of Venture Global in a research note on Tuesday, February 18th. They issued a “buy” rating and a $27.00 price target on the stock. JPMorgan Chase & Co. started coverage on shares of Venture Global in a research note on Tuesday, February 18th. They issued an “overweight” rating and a $25.00 price target on the stock. Royal Bank of Canada started coverage on shares of Venture Global in a research note on Tuesday, February 18th. They issued an “outperform” rating and a $20.00 price target on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Venture Global in a research note on Tuesday, February 18th. They issued a “buy” rating and a $19.00 price target on the stock. Finally, Citigroup initiated coverage on shares of Venture Global in a report on Tuesday, February 18th. They issued a “neutral” rating and a $18.00 price objective for the company. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Venture Global presently has an average rating of “Moderate Buy” and a consensus price target of $21.91.

Venture Global Company Profile

Venture Global has fundamentally reshaped the development and construction of liquefied natural gas production, establishing us as a rapidly growing company delivering critical LNG to the world. Our innovative and disruptive approach, which is both scalable and repeatable, allows us to bring LNG to a global market years faster and at a lower cost.