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Cl B/Genie Energy Ltd Dividend Announcement

(NYSE:GNE), www.genie.com

DIVIDEND ANNOUNCEMENT: Cl B/Genie Energy Ltd (NYSE:GNE) on 11/05/2018 declared a dividend of $0.0750 per share

November 05, 2018

Cl B/Genie Energy Ltd (NYSE:GNE) on 11/05/2018 declared a dividend of $ 0.0750 per share payable on November 30, 2018 to shareholders of record as of November 19, 2018.

Cl B/Genie Energy Ltd (NYSE:GNE) has paid dividends since 2011, has a current dividend yield of 5.43% and has increased its dividends for 3 successive years.

Cl B/Genie Energy Ltd's market cap is $ 137,315,520 and has a PE ratio of 34.50. The stock price closed yesterday at $ 5.52 and has a 52 week low/high of $ 3.82 and $ 6.36.

Genie Energy is comprised of the following two businesses: Genie Retail Energy (GRE) and Genie Oil and Gas, Inc. (GOGAS). GRE owns retail energy providers (REPs) and energy brokerage and marketing services. GRE's REP businesses purchase electricity and natural gas on the wholesale markets and resells these commodities to its residential and small business customers primarily in the Eastern U.S. As of Dec 31 2016, GRE serviced 412,000 meters, comprised of 296,000 electric and 116,000 natural gas customers. GOGAS is an oil and gas exploration company that consists of an 85.1% interest in Afek Oil and Gas, Ltd, which operates an exploration project in in the Golan Heights in Northern Israel.

For more information on Cl B/Genie Energy Ltd click here.

Cl B/Genie Energy Ltd current dividend information as per the date of this press release is:
Dividend Declaration Date: November 05, 2018
Dividend Ex Date: November 16, 2018
Dividend Record Date: November 19, 2018
Dividend Payment Date: November 30, 2018
Dividend Amount: $ 0.0750
 
 

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