dividend
confidence high
sentiment neutral
materiality 0.40
Genie Energy declares Q4 2023 dividend of $0.075/share; CFO gets amended employment agreement
Genie Energy Ltd.
- Dividend of $0.075 per Class A and Class B share; payable Feb 28, 2024 to holders of record Feb 20.
- CFO Avi Goldin enters new three-year employment agreement effective Jan 1, 2024.
- Base salary of $425,000 annually; guaranteed bonus of $150,000 plus discretionary performance bonuses.
- Severance provisions upon certain terminations or non-renewal of the agreement.