Excelerate Energy Inc.’s board has announced a quarterly cash dividend of $0.025 per share, according to a May 9 press release. The dividend applies only to shareholders with Class A common stock.

In addition, a secondary distribution of $0.025 per interest will be awarded to all who hold Class B limited partnership interests. Both of these payments will be available on June 8 to stockholders who are on the record no later than May 24.

Excelerate Energy is an LNG company based in The Woodlands, TX.