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September 7 , 2021 CHENIERE Cheniere Announces Comprehensive Long - Term Capital Allocation Plan • ~ $ 1 Billion of debt paydown per year until investment grade metrics achieved • Initiating quarterly LNG dividend for Q3 2021 at $ 0.33 / share • Share repurchases resumed in Q3 ; Program reset to 3 years $ 1 Billion in Q4 Corpus Christi Stage 3 FID expected in 2022 • HOUSTON -- ( BUSINESS WIRE ) -- Cheniere Energy , Inc. ( " Cheniere " or the " Company " ) ( NYSE American : LNG ) announced today that its Board of Directors has approved a comprehensive , long - term capital allocation plan ( the " Plan ” ) designed to achieve an investment grade balance sheet , return significant capital to shareholders over time , and continue to invest in accretive organic growth . With financial results for 2021 expected at the high end of the guidance ranges , and the substantial completion of Sabine Pass Train 6 now expected in the first quarter of 2022 , the Company has reached a cash flow inflection point and expects to generate ~ $ 10 billion of cumulative Distributable Cash Flow 1 ( " DCF " ) through 2024 with annual run - rate DCF of $ 2.6 - $ 3.0 billion , enabling execution on the balance sheet , capital returns , and accretive growth priorities . The Plan is designed to achieve a run - rate DCF of $ 15 - $ 17 per share on a long- term basis , inclusive of the Corpus Christi Stage 3 Project ( " Corpus Christi Stage 3 " ) . " Over the past five years , we have successfully executed on our operating , commercial and financial goals , which now serve as the foundation for this comprehensive capital allocation plan for Cheniere's stakeholders . The Plan is built from our guiding principles of maintaining a strong , sustainable balance sheet , funding financially disciplined accretive growth , and returning capital to shareholders through share repurchases and dividends , " said Jack Fusco , Cheniere's President and Chief Executive Officer . “ Our accomplishments over the past five years have led us to this point , and the Plan helps ensure Cheniere's long - term success by strengthening our financial position , commencing meaningful shareholder returns , and committing to our disciplined approach to deploying growth capital . " Sustainable Balance Sheet and Liquidity • Plan for ~ $ 1 billion of annual debt repayment , targeting investment grade consolidated credit metrics by the early - to - mid 2020s • Prioritize repayment of secured callable or maturing project debt to strengthen project credit metrics and lessen subordination of the corporate level credit profiles Capital Return to Shareholders • Declaring an inaugural quarterly dividend of $ 0.33 , or $ 1.32 annualized , per share . The dividend is payable on November 17 , 2021 to shareholders of record as of November 3 , 2021