Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - Genie Energy Ltd. | f8k071515_genieenergy.htm |
Exhibit 99.1
GENIE ENERGY DECLARES 2nd QUARTER 2015 DIVIDEND ON PREFERRED STOCK
NEWARK NJ – July 16, 2015: The board of directors of Genie Energy Ltd., (NYSE: GNE, GNEPRA) today declared a second quarter 2015 dividend of $0.1594 per share of its Series 2012-A Preferred Stock.
The dividend will be paid on August 14, 2015 to preferred stockholders of record as of the close of business on August 6, 2015. The ex-dividend date is August 4, 2015.
The distribution will be treated as a return of capital for tax purposes.
Genie Energy announces declarations for GNEPRA Series 2012-A Preferred Stock dividends via Form 8-K filings with the Securities and Exchange Commission and press releases posted on the investor relations pages of the Genie Energy website http://genie.com/investors/investor-relations/.
About Genie Energy Ltd.:
Genie Energy Ltd. (NYSE: GNE, GNEPRA) is comprised of two operating divisions, Genie Retail Energy (GRE) and Genie Oil and Gas (GOGAS). GRE operates retail energy providers and brokerage and marketing services. GRE’s retail energy providers market electricity and natural gas to residential and small business customers primarily in the Eastern United States. GOGAS is an oil and gas exploration company with exploration and demonstration projects located in Israel, Mongolia and Colorado. For more information, visit www.genie.com.
Contact:
Genie Energy Investor Relations
Bill Ulrey
P: (973) 438-3848
E-mail: invest@genie.com