The Genie Energy Board of Directors announced a quarterly dividend of $0.075 per share. The last day to buy securities to receive the dividend is May 18, 2022. The annual dividend yield may reach 2.33%.

Genie Energy' GAAP net income for 3 months of 2022 was $16.736 million, compared to a loss of $2.694 million in the previous year. Revenue decreased 8.3% to $98.529 million from $107.49 million a year earlier.

Genie Energy's GAAP net income for 2021 was $29.1 million, up 2.5 times from $11.7 million in the previous year. Revenue increased 1.9% to $363.7 million from $356.9 million a year earlier.

Genie Energy's board of directors has declared a quarterly dividend of $0.075 per share. The last day to purchase securities to receive the dividend is Feb. 17, 2022. The annual dividend yield could be 1.49%.