Free Trial

Genesis Energy (GEL) Dividend Yield, Date & History

Genesis Energy logo
$10.00 +0.08 (+0.81%)
(As of 12/20/2024 05:31 PM ET)

Genesis Energy Dividend Summary

Dividend Yield
6.60%
Annual Dividend
$0.66
Recent
Dividend Payment
Nov. 14
Annualized 3-Year
Dividend Growth
-15.66%
Dividend Payout Ratio
-89.19%

Genesis Energy (GEL) pays an annual dividend of $0.66 per share, with a dividend yield of 6.60%. The next quarterly payment of $0.1650 per share was paid on Thursday, November 14, to investors who owned the stock before the ex-dividend date of Thursday, October 31. The company currently pays out -89.19% of its earnings and 21.71% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

GEL Dividend Payments by Quarter

The chart below displays up to four years of Genesis Energy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GEL Dividend Yield Over Time

The chart below tracks Genesis Energy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Genesis Energy vs. The Competition

Compare Genesis Energy's annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeGenesis EnergyEnergy CompaniesNYSE Companies
Annual Dividend$0.66$0.00$1.39
Dividend Yield6.60%11.67%3.59%
Annualized 3-Year Dividend Growth-15.66%25.09%15.78%

Genesis Energy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-89.19%
Based on Cashflow21.71%

Genesis Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/10/2024Quarterly$0.1650+$0.0150
10.00%
4.84%10/31/202410/31/202411/14/2024
7/10/2024Quarterly$0.15 - 4.22%7/31/20247/31/20248/14/2024
4/11/2024Quarterly$0.15 - 5%4/29/20244/30/20245/15/2024
1/10/2024Quarterly$0.15 - 4.91%1/30/20241/31/20242/14/2024
10/11/2023Quarterly$0.15 - 5.76%10/30/202310/31/202311/14/2023
7/12/2023quarterly$0.15 - 6.3%7/28/20237/31/20238/14/2023
4/11/2023Quarterly$0.15 - 5.37%4/27/20234/28/20235/15/2023
1/11/2023Quarterly$0.15 - 5.46%1/30/20231/31/20232/14/2023

This table shows Genesis Energy's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Genesis Energy Dividend - Frequently Asked Questions

The current dividend yield for Genesis Energy is 6.60%. Learn more on GEL's dividend yield history.

The annual dividend for GEL shares is $0.66. Learn more on GEL's annual dividend history.

Genesis Energy pays quarterly dividends to shareholders.

Genesis Energy's most recent quarterly dividend payment of $0.1650 per share was made to shareholders on Thursday, November 14, 2024.

Genesis Energy's most recent ex-dividend date was Thursday, October 31, 2024.

Over the past three years, the company's dividend has not grown. It has decreased by -15.66%.

The most recent change in the company's dividend was an increase of $0.0150 on Thursday, October 10, 2024.

The dividend payout ratio for GEL is:
  • -89.19% based on the trailing year of earnings
  • 21.71% based on cash flow

Genesis Energy's dividend yield of 6.23% is lower than the average Oils/Energy company that issues a dividend. GEL has a dividend yield higher than 75% of all dividend-paying stocks 5.63, making it a leading dividend payer.

Looking at the stock as a whole, market analysts rate Genesis Energy stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NYSE:GEL) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners