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

Cheniere Energy, Inc. (NYSE:LNG) declared a quarterly dividend on Tuesday, January 27th. Stockholders of record on Friday, February 6th will be given a dividend of 0.555 per share by the energy company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, February 6th.

Cheniere Energy has a payout ratio of 56.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Cheniere Energy to earn $12.84 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 17.3%.

Cheniere Energy Stock Performance

LNG traded down $1.13 during midday trading on Tuesday, reaching $205.38. The company had a trading volume of 1,221,951 shares, compared to its average volume of 1,931,214. The stock has a market cap of $44.21 billion, a PE ratio of 11.44, a P/E/G ratio of 6.67 and a beta of 0.26. Cheniere Energy has a 12-month low of $186.20 and a 12-month high of $246.42. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.81 and a current ratio of 0.94. The business has a 50-day moving average price of $199.30 and a two-hundred day moving average price of $218.77.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Wednesday, October 29th. The energy company reported $4.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $2.00. The business had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.87 billion. Cheniere Energy had a net margin of 21.12% and a return on equity of 37.52%. Cheniere Energy’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the previous year, the business posted $3.93 earnings per share. On average, sell-side analysts expect that Cheniere Energy will post 11.69 earnings per share for the current fiscal year.

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.