New Fortress Energy LLC (NASDAQ:NFE) will begin trading ex-dividend on September 3, 2020. The quarterly dividend payment of $ 0.10 per share is scheduled to be paid on September 14, 2020. The dividend yield based on the latest trading day closing price was 1.45 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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New Fortress Energy LLC recently reported second quarter financial results on August 3, 2020, before market open, the New York based company recorded loss for the second quarter of $ 0.24 per share, from the revenue of $ 94.57 million. The quarterly revenues enlarged 105.41 percent compared with the same quarter last year. Street analysts expected New Fortress Energy LLC recently reported second quarter financial results on August 3, 2020, before market open, the New York based company to report loss of $ 0.30 per share on revenue of $ 130.56 million for the second quarter. The bottom line results beat street analysts by $ 0.06 or 20.00 percent, at the same time, top line results fell short of analysts by $ 35.99 million or 27.57 percent.
Stock Performance
Shares of New Fortress Energy LLC traded up $ 0.05 or 0.18 percent on Friday, reaching $ 27.60 with volume of 301.20 thousand shares. New Fortress Energy LLC has traded high as $ 28.35 and has cracked $ 27.30 on the downward trend
According to the previous trading day, closing price of $ 27.60, representing a 293.01 % increase from the 52 week low of $ 7.01 and a 6.23 % decrease over the 52 week high of $ 29.38.
The company has a market capital of $ 4.66 billion and is part of the Utilities sector and Utilities – Regulated Gas industry.
New Fortress Energy LLC operates as an energy infrastructure company worldwide. It funds, builds, and operates natural gas infrastructure and logistics to deliver fully integrated turnkey energy solutions that enable economic growth, enhance environmental stewardship, and transform local industries and communities. The company was founded in 1998 and is based in New York, New York.
