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Golar LNG Declares Prorated Qtrly Distribution Of 33.42c/Unit
Last update: 7/29/2011 9:31:51 AM(MORE TO FOLLOW)
Dow Jones Newswires (212-416-2400)July 29, 2011 09:31 ET (13:31 GMT) Not the guesstimated $0.385/sh - at yesterday's close that works out to an annual yield of ~ 4.66%, nowhere near 7%. Even at the IPO price of $26/shr that div only yields 5.14% - wonder why we missed the expected rate so badly?