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

Venture Global, Inc. (NYSE:VG - Get Free Report) announced a quarterly dividend on Friday, February 28th, RTT News reports. Investors 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 yield of 0.44%.

Venture Global Price Performance

Venture Global stock traded up $1.23 during trading on Friday, reaching $15.15. The company had a trading volume of 7,148,827 shares, compared to its average volume of 7,898,243. Venture Global has a 1-year low of $13.73 and a 1-year high of $25.50.

Analyst Ratings Changes

A number of research firms recently issued reports on VG. Royal Bank of Canada began 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. Scotiabank began coverage on Venture Global in a report on Tuesday, February 18th. They issued a "sector perform" rating and a $17.00 price objective on the stock. Citigroup began coverage on Venture Global in a report on Tuesday, February 18th. They issued a "neutral" rating and a $18.00 price objective on the stock. Wells Fargo & Company assumed coverage on Venture Global in a report on Tuesday, February 18th. They issued an "equal weight" rating and a $18.00 price objective on the stock. Finally, The Goldman Sachs Group assumed coverage on Venture Global in a report on Tuesday, February 18th. They set a "buy" rating and a $29.00 price target on the stock. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Venture Global currently has an average rating of "Moderate Buy" and an average price target of $21.91.

About Venture Global

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.