Cheniere Energy, Inc. (NYSE:LNG) to Issue Quarterly Dividend of $0.56

Cheniere Energy, Inc. (NYSE:LNG) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Monday, August 10th will be given a dividend of 0.555 per share by the energy company on Tuesday, August 18th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, August 10th.

Cheniere Energy has a payout ratio of 56.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Cheniere Energy to earn $16.93 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 13.1%.

Cheniere Energy Stock Performance

Cheniere Energy stock opened at $252.43 on Wednesday. Cheniere Energy has a 12-month low of $186.20 and a 12-month high of $300.89. The company has a market capitalization of $52.90 billion, a price-to-earnings ratio of 41.52 and a beta of -0.01. The company has a debt-to-equity ratio of 2.55, a current ratio of 0.57 and a quick ratio of 0.48. The firm’s fifty day moving average price is $244.78 and its 200 day moving average price is $243.20.

Institutional Investors Weigh In On Cheniere Energy

Several hedge funds and other institutional investors have recently modified their holdings of LNG. Strive Financial Group LLC bought a new position in shares of Cheniere Energy during the fourth quarter worth about $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in Cheniere Energy in the fourth quarter valued at about $26,000. Financial Life Planners acquired a new stake in Cheniere Energy during the first quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in Cheniere Energy during the third quarter valued at approximately $27,000. Finally, Accordant Advisory Group Inc bought a new position in Cheniere Energy during the 4th quarter worth approximately $29,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Company Profile

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.