Excelerate Energy Announces Quarterly Dividend Increase
Excelerate Energy (NYSE: EE) has announced a significant increase in its quarterly cash dividend, raising it to $0.06 per share of Class A common stock, representing a 140% increase from the previous quarter. The dividend will be paid on December 5, 2024, to stockholders of record as of November 20, 2024. The company's operating subsidiary, Excelerate Energy Partnership, will make a corresponding distribution to Class B partnership interest holders. The increase reflects the company's strong balance sheet, stable regasification business, and commitment to shareholder returns while pursuing strategic growth initiatives.
Excelerate Energy (NYSE: EE) ha annunciato un significativo aumento del suo dividendo trimestrale, portandolo a 0,06 $ per azione di azioni comuni di Classe A, rappresentando un aumento del 140% rispetto al trimestre precedente. Il dividendo sarà pagato il 5 dicembre 2024, agli azionisti registrati al 20 novembre 2024. La controllata operativa della società, Excelerate Energy Partnership, effettuerà una distribuzione corrispondente ai detentori di interessi di partnership di Classe B. L'aumento riflette la solida situazione patrimoniale della società, un'attività di rigassificazione stabile e l'impegno verso i rendimenti degli azionisti mentre persegue iniziative di crescita strategiche.
Excelerate Energy (NYSE: EE) ha anunciado un aumento significativo en su dividendo en efectivo trimestral, elevándolo a 0,06 $ por acción de acciones ordinarias Clase A, lo que representa un aumento del 140% con respecto al trimestre anterior. El dividendo se pagará el 5 de diciembre de 2024 a los accionistas registrados a partir del 20 de noviembre de 2024. La subsidiaria operativa de la compañía, Excelerate Energy Partnership, realizará una distribución correspondiente a los titulares de intereses de asociación Clase B. El aumento refleja el sólido balance patrimonial de la empresa, un negocio de regasificación estable y el compromiso con los retornos a los accionistas mientras se persiguen iniciativas de crecimiento estratégico.
Excelerate Energy (NYSE: EE)는 분기 현금 배당금의 큰 인상을 발표하며, 이를 클래스 A 보통주 당 $0.06로 인상했습니다. 이는 이전 분기 대비 140% 증가한 수치입니다. 배당금은 2024년 12월 5일에 지급될 예정이며, 2024년 11월 20일 기준의 주주들에게 지급됩니다. 회사의 운영 자회사인 Excelerate Energy Partnership은 클래스 B 파트너십 지분 보유자에게 해당 배당금을 분배할 것입니다. 이번 증가는 회사의 견고한 재무구조, 안정적인 재가스화 사업 및 전략적 성장 이니셔티브를 추구하면서 주주 수익에 대한 약속을 반영합니다.
Excelerate Energy (NYSE: EE) a annoncé une augmentation significative de son dividende trimestriel, le portant à 0,06 $ par action des actions ordinaires de Classe A, ce qui représente une augmentation de 140% par rapport au trimestre précédent. Le dividende sera payé le 5 décembre 2024 aux actionnaires enregistrés au 20 novembre 2024. La filiale opérationnelle de la société, Excelerate Energy Partnership, effectuera une distribution correspondante aux titulaires d'intérêts de partenariat de Classe B. Cette augmentation reflète la solide situation financière de l'entreprise, son activité de regazéification stable et son engagement envers les rendements des actionnaires tout en poursuivant des initiatives de croissance stratégique.
Excelerate Energy (NYSE: EE) hat eine erhebliche Erhöhung seiner vierteljährlichen Bar-Dividende angekündigt, die auf 0,06 $ pro Aktie der Stammaktien der Klasse A angehoben wurde, was eine 140%ige Erhöhung im Vergleich zum vorangegangenen Quartal darstellt. Die Dividendenauszahlung erfolgt am 5. Dezember 2024 an die zum 20. November 2024 registrierten Aktionäre. Die operative Tochtergesellschaft des Unternehmens, Excelerate Energy Partnership, wird eine entsprechende Ausschüttung an die Inhaber von Partnerschaftsanteilen der Klasse B vornehmen. Die Erhöhung spiegelt die starke Bilanz des Unternehmens, das stabile Regasifizierungs-Geschäft und das Engagement für die Renditen der Aktionäre wider, während gleichzeitig strategische Wachstumsinitiativen verfolgt werden.
- 140% increase in quarterly dividend payment
- Strong balance sheet position indicated
- Stable core regasification business performance
- None.
Excelerate Energy Limited Partnership, the Company’s operating subsidiary, will make a corresponding distribution of
“The Board’s decision today to increase the dividend underscores Excelerate’s commitment to enhancing shareholder returns in the near term while we continue to advance on our strategic growth initiatives,” said Dana Armstrong, Executive Vice President and Chief Financial Officer at Excelerate.
“This dividend increase reflects the strength of our balance sheet, the stability of our core regasification business, and the confidence we have in our cash generation. It also is aligned with our capital allocation strategy, which remains focused on investing in growth while returning capital through share repurchases and quarterly dividend payments.”
The declaration, timing, amount, and payment of future dividends remains at the discretion of the Board.
ABOUT EXCELERATE ENERGY
Excelerate Energy, Inc. is a
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding Excelerate’s future results of operations or financial condition, business strategy and plans, expansion plans and strategy, economic conditions, objectives of management for future operations and the payment of dividends and declaration of future dividends, including the timing and amount thereof, are forward-looking statements. All forward-looking statements are based on assumptions or judgments about future events that may or may not be correct or necessarily take place and that are by their nature subject to significant risks, uncertainties and contingencies, including the risk factors that Excelerate identifies in its Securities and Exchange Commission filings, many of which are outside the control of Excelerate. The results, events, and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Excelerate undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.
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Investors
Craig Hicks
Excelerate Energy
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FGS Global
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Source: Excelerate Energy, Inc.
FAQ
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