Cheniere Energy, Inc. (NYSE:LNG) Declares Quarterly Dividend of $0.62

Cheniere Energy, Inc. (NYSE:LNG – Get Free Report) declared a quarterly dividend on Thursday, October 29th. Investors of record on Monday, November 9th will be paid a dividend of $0.6250 per share by the energy company on Tuesday, November 17th. This represents a $2.50 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, November 9th. This is a 12.6% increase from Cheniere Energy’s previous quarterly dividend of $0.5550.

Cheniere Energy has a payout ratio of 56.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Cheniere Energy to earn $19.69 per share next year, which means the company should continue to be able to cover its $2.22 annual dividend with an expected future payout ratio of 11.3%.

Cheniere Energy Stock Performance

Cheniere Energy stock traded up $21.05 during mid-day trading on Thursday, reaching $318.82. 4,713,515 shares of the company traded hands, compared to its average volume of 2,310,526. The company has a market capitalization of $65.85 billion, a price-to-earnings ratio of 23.74, a price-to-earnings-growth ratio of 1.19 and a beta of 0.06. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.87 and a quick ratio of 0.72. The firm’s fifty day moving average is $280.16 and its two-hundred day moving average is $254.38. Cheniere Energy has a fifty-two week low of $186.20 and a fifty-two week high of $321.22.

Cheniere Energy (NYSE:LNG – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.11 by ($0.09). Cheniere Energy had a return on equity of 29.80% and a net margin of 13.57%. The firm had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $4.92 billion. During the same quarter in the previous year, the business earned $7.30 earnings per share. The company’s revenue for the quarter was up 23.5% compared to the same quarter last year. On average, equities research analysts expect that Cheniere Energy will post 20.86 earnings per share for the current fiscal year.

Key Stories Impacting Cheniere Energy

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Cheniere Energy Company Profile

(Get Free Report)

Cheniere Energy, Inc is an energy infrastructure company engaged primarily in the production and export of liquefied natural gas (LNG). The company purchases natural gas, processes it through liquefaction facilities, and delivers LNG to customers in international energy markets. Its operations also include natural gas procurement, transportation, storage, and LNG marketing.

Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility near Corpus Christi, Texas.

See Also

Dividend History for Cheniere Energy (NYSE:LNG)

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