Genie Energy (GNE) Raises Quarterly Dividend 25% to $0.075; 5.6% Yield
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Genie Energy Ltd. Reports Fourth Quarter and Full Year 2016 Results
March 8, 2017 7:15 AM ESTNEWARK, N.J., March 8, 2017 /PRNewswire/ -- Genie Energy Ltd. (NYSE: GNE, GNEPRA) reported fourth quarter 2016 revenue of $51.5 million and a net loss attributable to common stockholders of $1.2 million -- $0.05 per basic and diluted share. For the full year 2016, Genie Energy reported revenue of $212.1 million and a net loss attributable to common stockholders of $26.0 million -- $1.14 per basic and diluted share.
HIGHLIGHTS
Genie Energy's Board of Directors has increased the quarterly dividend on... More