Galp Energia SGPS SA (GLPEY) recently announced a dividend of $0.15 per share, payable on June 17, 2024, with the ex-dividend date set for June 3, 2024. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's delve into Galp Energia SGPS SA's dividend performance and assess its sustainability.
Galp Energia's (GLPEY) decision to sell off its 10% stake in the Area 4 concession in Mozambique is part of its strategy to upgrade its upstream portfolio and focus on its high-value assets.
(Bloomberg) -- The United Arab Emirates’ main oil company agreed to buy a 10% stake in a natural gas project in Mozambique, its second major deal this week as it seeks to expand the business globally. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorBarclays Managers Warn Some Staff to Prepare for Five Days a Week in OfficeAbu