Genie Energy hikes dividend by 25% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Genie Energy	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Genie Energy	GNE	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

Genie Energy hikes dividend by 25%

Wednesday 8 March 2017

Genie Energy (GNE) will raise its quarterly dividend by 25.0 percent to $0.075 per share. This is the first dividend hike by the company since it initiated a dividend in 2012. The new dividend is payable on March 24, 2017 to shareholders of record as of March 20, 2017.

Genie Energy Ltd. operates two primary businesses. Genie Retail Energy’s retail energy provider businesses market electricity and natural gas to residential and small business customers primarily in the Eastern United States. Genie Oil and Gas is conducting an oil and gas exploration project in Northern Israel.

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