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GENIE ENERGY LTD.

(GNE)
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Genie Energy : Declares Third Quarter 2021 Preferred Stock Dividend - Form 8-K

10/13/2021 | 05:42pm EDT

Genie Energy Declares Third Quarter 2021 Preferred Stock Dividend

NEWARK NJ (October 13, 2021): The board of directors of Genie Energy Ltd (NYSE: GNE, GNEPRA) has declared a cash dividend of $0.1594 per share of the company's Series 2012-A Preferred Stock for the third quarter of 2021.

The dividend will be paid on or about November 15, 2021 to preferred stockholders of record as of the close of business on November 8th.

The distribution will be treated as an ordinary dividend for tax purposes.

Genie Energy announces declarations of GNEPRA Series 2012-A Preferred Stock dividends through Form 8-K filings with the Securities and Exchange Commission and press releases posted on the investor relations pages of the Genie Energy website.

ABOUT GENIE ENERGY LTD:

Genie Energy Ltd. (NYSE: GNE, GNEPRA), is a global provider of energy services. The Genie Retail Energy division supplies electricity, including electricity from renewable resources, and natural gas to residential and small business customers in the United States. The Genie Retail Energy International division supplies customers in Europe and Asia. The Genie Energy Services division includes Diversegy, a commercial and industrial brokerage and consultative services company, and Genie Solar Energy and Prism Solar, which design, supply and install commercial solar solutions. For more information, visit Genie.com.

Contact:

Genie Energy Investor Relations

Bill Ulrey

P: (973) 438-3848

E-mail: invest@genie.com

# # #

Disclaimer

Genie Energy Ltd. published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 20:41:06 UTC.


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Financials (USD)
Sales 2022 316 M - -
Net income 2022 87,8 M - -
Net cash 2022 97,1 M - -
P/E ratio 2022 3,17x
Yield 2022 2,90%
Capitalization 283 M 283 M -
EV / Sales 2021 0,14x
EV / Sales 2022 0,54x
Nbr of Employees 125
Free-Float 72,6%
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Managers and Directors
Michael Menachem Stein Chief Executive Officer
Alan Schwab President & Chief Operating Officer
Avi Goldin CFO, Treasurer & Principal Accounting Officer
Howard S. Jonas Chairman
William Wesley Perry Lead Independent Director
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