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Linn Energy, LLC (LINE) Ex-Dividend Date Scheduled for September 06, 2013
By: NASDAQ.com News
Linn Energy, LLC ( LINE ) will begin trading ex-dividend on September 06, 2013. A cash dividend payment of $0.2416 per share is scheduled to be paid on September 13, 2013. Shareholders who purchased LINE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LINE has paid the same dividend. At the current stock price of $24.11, the dividend yield is 12.02%.
The previous trading day's last sale of LINE was $24.11, representing a -43.36% decrease from the 52 week high of $42.57 and a 18.48% increase over the 52 week low of $20.35.
LINE is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). LINE's current earnings per share, an indicator of a company's profitability, is -$2.51. Zacks Investment Research reports LINE's forecasted earnings growth in 2013 as -31.19%, compared to an industry average of 12.1%.