Cheniere Energy (LNG) Initiates $0.33 Quarterly Dividend; 1.5% Yield

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Cheniere Energy (LNG) Announces Comprehensive Long-Term Capital Allocation Plan

September 7, 2021 4:07 PM EDT

Cheniere Energy, Inc. (Cheniere or the Company) (NYSE American: LNG) announced today that its Board of Directors has approved a comprehensive, long-term capital allocation plan (the Plan) designed to achieve an investment grade balance sheet, return significant capital to shareholders over time, and continue to invest in accretive organic growth.

~$1 Billion of debt paydown per year until investment grade metrics achievedInitiating quarterly LNG dividend for Q3 2021 at $0.33/shareShare repurchases resumed in Q3; Program reset to 3 years $1 Billion in Q4Corpus Christi Stage 3 FID expected in 2022

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