Venture Global, Inc. (NYSE:VG) Plans $0.02 Quarterly Dividend

Venture Global, Inc. (NYSE:VG) announced a quarterly dividend on Friday, February 28th, RTT News reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.0165 per share on Monday, March 31st. This represents a $0.07 annualized dividend and a dividend yield of 0.43%.

Venture Global Price Performance

Shares of VG traded up $1.39 during mid-day trading on Friday, reaching $15.31. 2,162,623 shares of the company’s stock were exchanged, compared to its average volume of 7,672,192. Venture Global has a 52-week low of $13.73 and a 52-week high of $25.50.

Wall Street Analyst Weigh In

VG has been the subject of several recent research reports. Citigroup assumed coverage on Venture Global in a research report on Tuesday, February 18th. They set a “neutral” rating and a $18.00 price target for the company. The Goldman Sachs Group began coverage on Venture Global in a research report on Tuesday, February 18th. They set a “buy” rating and a $29.00 price objective for the company. Scotiabank started coverage on shares of Venture Global in a report on Tuesday, February 18th. They issued a “sector perform” rating and a $17.00 target price on the stock. Mizuho began coverage on shares of Venture Global in a research note on Tuesday, February 18th. They set an “outperform” rating and a $25.00 price target on the stock. Finally, Wells Fargo & Company initiated coverage on shares of Venture Global in a research report on Tuesday, February 18th. They issued an “equal weight” rating and a $18.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.