Linn Energy, LLC ( LINE ) will begin trading ex-dividend on August 11, 2015. A cash dividend payment of $0.1042 per share is scheduled to be paid on August 18, 2015. Shareholders who purchased LINE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that LINE has paid the same dividend. At the current stock price of $3.16, the dividend yield is 39.57%.
The previous trading day's last sale of LINE was $3.16, representing a -90.06% decrease from the 52 week high of $31.80 and a 6.4% increase over the 52 week low of $2.97.
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 -$2.64. Zacks Investment Research reports LINE's forecasted earnings growth in 2015 as -84.51%, compared to an industry average of -27.6%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.