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Genie Energy Declares 1 QUARTER 2016 DIVIDEND ON PREFERRED STOCK

The following excerpt is from the company's SEC filing.

: The board of directors of Genie Energy Ltd., (NYSE: GNE, GNEPRA) today declared a first quarter 2016 dividend of $0.1594 per share of its Series 2012-A Preferred Stock.

The dividend will be paid on May 16, 2016 to preferred stockholders of record as of the close of business on May 6, 2016. The ex-dividend date is May 4, 2016.

The distribution will be treated as a return of capital for tax purposes.

Genie Energy announces declarations for GNEPRA Series 2012-A...


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