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

Venture Global, Inc. (NYSE:VG) declared a quarterly dividend on Friday, February 28th, RTT News reports. Investors 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 yield of 0.43%.

Venture Global Trading Up 10.0 %

Shares of VG stock traded up $1.39 during midday trading on Friday, hitting $15.31. The company had a trading volume of 2,162,623 shares, 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.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Sanford C. Bernstein assumed coverage on shares of Venture Global in a research report on Tuesday, February 4th. They issued a “market perform” rating and a $20.00 price objective on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Venture Global in a report on Tuesday, February 18th. They issued a “buy” rating and a $19.00 target price on the stock. StockNews.com raised shares of Venture Global from a “sell” rating to a “hold” rating in a report on Wednesday, February 19th. The Goldman Sachs Group initiated coverage on Venture Global in a report on Tuesday, February 18th. They issued a “buy” rating and a $29.00 price objective on the stock. Finally, Citigroup initiated coverage on Venture Global in a research report on Tuesday, February 18th. They set a “neutral” rating and a $18.00 target price on the stock. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Venture Global presently has an average rating of “Moderate Buy” and a consensus target price 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.