Cheniere Declares Quarterly Dividend

Rhea-AI Summary

Cheniere Energy, Inc. declares a quarterly cash dividend of $0.435 per common share, payable on February 23, 2024, to shareholders of record as of February 6, 2024.

Insights

Financial Analyst

The declaration of a quarterly cash dividend of $0.435 per common share by Cheniere Energy, Inc. is a significant indicator of the company's financial health and its commitment to returning value to shareholders. Dividends are a portion of a company's earnings that are distributed to shareholders and they can be a stable source of income, especially for income-focused investors.

From a financial analysis perspective, the dividend yield, which is the annual dividend payment divided by the stock's current price, is an important metric. It provides investors with an idea of the return they can expect on their investment, excluding any capital gains. In this case, investors would be interested in comparing Cheniere's dividend yield to those of other companies in the energy sector to gauge relative attractiveness.

Furthermore, the ability to pay dividends consistently can signal strong cash flow management and a solid balance sheet. However, it's crucial to examine the payout ratio, which is the proportion of earnings paid out as dividends. An excessively high payout ratio could indicate that a company is not reinvesting enough back into its operations, which could jeopardize future growth.

Market Research Analyst

Cheniere Energy's announcement of a quarterly dividend payment also has implications for market perception and investor sentiment. Dividends are often seen as a sign of a company's maturity and stability, which can be particularly appealing during times of market volatility or economic uncertainty.

It is also important to consider the context within the energy sector. The sector is known for its capital-intensive nature and cyclical demand, which can affect companies' abilities to maintain dividend payments. Analysts would compare Cheniere's dividend history and financial performance against industry norms to evaluate the sustainability of its dividend policy.

Additionally, the timing of the dividend declaration can be strategic. By announcing a dividend payable in the near future, Cheniere may be aiming to attract new investors or retain current shareholders. Market research analysts would assess the impact of this announcement on the company's stock performance leading up to the ex-dividend date, which is the cutoff date to be eligible for the dividend payment.

HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) today announced that its Board of Directors has declared a quarterly cash dividend of $0.435 per common share payable on February 23, 2024 to shareholders of record as of the close of business on February 6, 2024.

About Cheniere

Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (“LNG”) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with total production capacity of approximately 45 million tonnes per annum (“mtpa”) of LNG in operation and an additional 10+ mtpa of expected production capacity under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.

For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, filed with the Securities and Exchange Commission.

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding regulatory authorization and approval expectations, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third-parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, and (vii) statements relating to Cheniere’s capital deployment, including intent, ability, extent, and timing of capital expenditures, debt repayment, dividends, share repurchases and execution on the capital allocation plan. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240125631948/en/

Cheniere Energy, Inc.



Investors

Randy Bhatia, 713-375-5479

Frances Smith, 713-375-5753



Media Relations

Eben Burnham-Snyder, 713-375-5764

Bernardo Fallas, 713-375-5593

Source: Cheniere Energy, Inc.

FAQ

What is the quarterly cash dividend declared by Cheniere Energy, Inc.?

Cheniere Energy, Inc. has declared a quarterly cash dividend of $0.435 per common share.

When will the dividend be payable to shareholders?

The dividend will be payable on February 23, 2024.

Who is eligible to receive the dividend?

Shareholders of record as of the close of business on February 6, 2024, are eligible to receive the dividend.