New Fortress Energy Inc. Class A Common Stock
NFENew Fortress Energy Inc. (NFE) is a global energy infrastructure company specializing in the development, construction, and operation of liquefied natural gas (LNG) infrastructure and power generation projects. The company focuses on delivering clean and affordable energy solutions to industrial, utility, and government customers, particularly in emerging markets. Founded to promote sustainable energy access, New Fortress Energy is involved in LNG import terminals, regasification facilities, and on-site power plants aimed at reducing carbon emissions and enhancing energy security.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 27, 2024 | $0.10 | 2024-06-14 | 2024-06-15 |
| March 27, 2024 | $0.10 | 2024-03-14 | 2024-03-15 |
| December 27, 2023 | $0.10 | 2023-12-12 | 2023-12-13 |
| September 27, 2023 | $0.10 | 2023-09-12 | 2023-09-13 |
| June 28, 2023 | $0.10 | 2023-06-14 | 2023-06-15 |
Dividends Summary
- Consistent Payer: New Fortress Energy Inc. Class A Common Stock has rewarded shareholders with 17 dividend payments over the past 4 years.
- Total Returned Value: Investors who held NFE shares during this period received a total of $4.60 per share in dividend income.
- Latest Payout: The most recent dividend of $0.10/share was paid 575 days ago, on June 27, 2024.
- Yield & Schedule: NFE currently pays dividends quarterly with an annual yield of 21.92%.
- Dividend Growth: Since 2020, the dividend payout has grown by 0.0%, from $0.10 to $0.10.
- Dividend Reliability: NFE has maintained or increased its dividend for 6 consecutive payments.
Company News
The article highlights two energy stocks positioned to benefit from AI data center power demands: New Fortress Energy (NFE), which leverages LNG for modular power solutions, and Nano Nuclear Energy (NNE), which develops microreactors for decentralized deployment. Both are speculative plays on the intersection of hyperscaler energy needs and emerg...
New Fortress Energy extended its creditor forbearance period through January 9th after securing a Puerto Rican LNG contract, temporarily stabilizing its financial situation despite ongoing debt challenges.
New Fortress Energy's stock jumped 12.1% after securing a final seven-year supply contract worth over $3 billion from Puerto Rico's Financial Oversight and Management Board, providing a critical lifeline for the financially struggling liquified natural gas company.
New Fortress Energy's stock rose 11.3% after Puerto Rican officials expressed support for a liquified natural gas supply contract, which could help the company address its significant debt challenges.
New Fortress Energy received conditional approval from Puerto Rico's Financial Oversight and Management Board for a nearly $4 billion contract, potentially avoiding bankruptcy and causing its stock to rise 7.4%.
