dividend
confidence high
sentiment neutral
materiality 0.25
Genie Energy declares Q4 2022 preferred dividend of $0.1594/sh and redeems 117,647 shares
Genie Energy Ltd.
- Cash dividend of $0.1594 per share on Series 2012-A Preferred Stock for Q4 2022.
- Payable on or about Feb 15, 2023 to holders of record as of Feb 7, 2023.
- Redemption of 117,647 preferred shares at $8.50/share (aggregate $1M) on Feb 15, 2023, plus accrued dividends.
- After redemption, ~866,000 shares remain outstanding; total redeemed approx 1.5M shares.