GasLog Keeps Dividend Steady at $0.11
LNG carrier owner-operator GasLogwill pay a second-quarter dividend of $0.11 per share, the same rate it's paid for the last two quarters after initiating its dividend payment, the company announced today.
The board of directors said the quarterly dividend is payable on June 11 to the holders of record at the close of business on May 28. Headquartered in Monaco, GasLog currently has a fleet of 12 LNG carriers.
The regular dividend payment equates to a $0.44-per-share annual dividend yielding 3.4% based on the closing price of GasLog's stock on May 14.
The article GasLog Keeps Dividend Steady at $0.11 originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.