Energy company Excelerate boosts quarterly payout to shareholders
Excelerate Energy, Inc., a U.S.-based LNG company headquartered in The Woodlands, Texas, has announced a 33% increase in its quarterly dividend and a target for low double-digit annual dividend growth from 2026 to 2028 [1][3]. This decision comes after the successful acquisition of an integrated LNG and power platform in Jamaica.
The increased dividend, payable on September 4, 2025, to Class A common stockholders of record as of August 20, 2025, is a clear sign of the company's confidence in its forward cash flow outlook driven by the acquisition [1][3]. Dana Armstrong, Executive Vice President and Chief Financial Officer of Excelerate, stated that the dividend increase reflects the enhanced cash flow profile and strategic benefits of the Jamaica acquisition.
Excelerate Energy Limited Partnership will also make a corresponding distribution of $0.08 per interest to holders of its Class B limited partnership interests on the same date.
The dividend growth target and the recent increase follow the Company's acquisition of the integrated LNG and power platform in Jamaica. This acquisition has strengthened Excelerate's base of contracted, recurring cash flows, contributing to the company's enhanced cash flow profile [4].
Excelerate Energy offers a full range of flexible regasification services from floating LNG terminals to infrastructure development, LNG supply, and power generation. The company has a presence in several locations including Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, London, Rio de Janeiro, Singapore, and Washington, DC [2].
The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. The results, events, and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results could differ materially from those described. These forward-looking statements are subject to significant risks, uncertainties, and contingencies, including the successful completion of the integration of the Jamaica acquisition and factors identified in Excelerate's Securities and Exchange Commission filings.
Excelerate Energy does not undertake to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Investor inquiries should be directed to Craig Hicks at [email protected], while media inquiries should be directed to Stephen Pettibone / Frances Jeter at [email protected] or [email protected].
[1] Excelerate Energy Press Release, "Excelerate Energy Announces Dividend Increase and Growth Target Following Jamaica Acquisition", [accessed on 2022-08-01] [2] Excelerate Energy, "About Excelerate Energy", [accessed on 2022-08-01] [3] Excelerate Energy Press Release, "Excelerate Energy Announces Third Quarter 2025 Dividend", [accessed on 2022-08-01] [4] Excelerate Energy Press Release, "Excelerate Energy Completes Acquisition of Integrated LNG and Power Platform in Jamaica", [accessed on 2022-08-01]
- The acquisition of the integrated LNG and power platform in Jamaica has contributed to Excelerate Energy's enhanced cash flow profile, facilitating a 33% increase in the quarterly dividend and a target for low double-digit annual dividend growth from 2026 to 2028.
- Excelerate Energy's business ventures span various locations worldwide, encompassing regasification services, infrastructure development, LNG supply, and power generation in cities such as The Woodlands, Texas, Abu Dhabi, London, Rio de Janeiro, and Singapore, among others.
- The successful completion of the integration of the Jamaica acquisition is one of the significant factors influencing the forward-looking statements made by Excelerate Energy, as any unanticipated events or changes could materially affect the results and circumstances contemplated in these statements.
