New Fortress Energy LLC (NFE) Declares $0.10 Quarterly Dividend; 1.5% Yield

New Fortress Energy LLC (NASDAQ: NFE) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.

The dividend will be payable on September 14, 2020, to stockholders of record on September 7, 2020, with an ex-dividend date of September 3, 2020.

The annual yield on the dividend is 1.5 percent.

“We are pleased to announce our first common stock dividend,” said Wes Edens, Chairman and CEO of New Fortress. “As we stated on our earnings call, one of our strategic goals is to begin paying dividends to our shareholders as our long-term capital structure becomes highly cash flow generative. This dividend is a significant step forward toward our goal to become a world-class investment grade operating company.”

For a dividend history and other dividend-related data on New Fortress Energy LLC (NFE) click here.

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