New Fortress Energy LLC (NFE) Declares $0.10 Quarterly Dividend; 1.5% Yield
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New Fortress Energy Declares Inaugural Common Stock Dividend
August 27, 2020 6:00 AM EDTNEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) (New Fortress or the Company) announced today that its Board of Directors (the Board) has declared a third quarter 2020 common stock dividend of $0.10 per Class A Common Share.
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... More
