dividend
confidence high
sentiment neutral
materiality 0.40
Genie Energy declares Q2 2022 preferred dividend of $0.1594/share, announces partial redemption
Genie Energy Ltd.
- Cash dividend of $0.1594 per share on Series 2012-A Preferred Stock declared for Q2 2022.
- Dividend payable August 15, 2022 to holders of record August 8, 2022.
- Genie elects to redeem 117,647 preferred shares on August 15 at $8.50 per share ($1M aggregate).
- Redemption includes all accrued and unpaid dividends up to the redemption date.
- Dividend treated as ordinary income for tax purposes.