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Gear Energy (GXE) Dividend Yield, Date & History

Gear Energy logo
C$0.47 -0.01 (-2.08%)
(As of 12/20/2024 05:17 PM ET)

Gear Energy Dividend Summary

Dividend Yield
12.77%
Annual Dividend
C$0.06
Next
Dividend Payment
Dec. 31
Dividend Payout Ratio
120.00%

Gear Energy (GXE) pays an annual dividend of C$0.06 per share, with a dividend yield of 12.77%. The next payment of C$0.01 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Monday, December 16. The company currently pays out 120.00% of its earnings and 6,893.62% of its cash flow as dividends.

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GXE Dividend Payments by Quarter

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

GXE Dividend Yield Over Time

The chart below tracks Gear 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.

Gear Energy vs. The Competition

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

TypeGear EnergyEnergy CompaniesTSE Companies
Annual DividendC$0.06C$0.10C$1.07
Dividend Yield12.77%7.21%5.78%

Gear 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 Earnings120.00%
Based on This Year's Estimate42.87%
Based on Cashflow6,893.62%

Gear Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/16/2024Monthly$0.0050 - 11.76%12/16/202412/31/202412/31/2024
11/15/2024Monthly$0.0050 - 11.54%11/15/202411/29/202411/29/2024
10/2/2024Monthly$0.0050 - 10.17%10/15/202410/15/202410/31/2024
8/30/2024Monthly$0.0050 - 9.23%9/13/20249/13/20249/27/2024
8/15/2024Monthly$0.0050 - 8.7%8/15/20248/30/20248/30/2024
7/2/2024Monthly$0.0050 - 8.7%7/15/20247/15/20247/31/2024
6/3/2024Monthly$0.0050 - 8.7%6/14/20246/14/20246/28/2024
5/1/2024Monthly$0.0050 - 8.45%5/14/20245/15/20245/31/2024
4/1/2024Monthly$0.0050 - 9.09%4/12/20244/15/20244/30/2024
3/4/2024Monthly$0.0050 - 9.09%3/14/20243/15/20243/29/2024
2/14/2024Monthly$0.0050 - 9.23%2/14/20242/29/20242/29/2024
1/2/2024Monthly$0.0050 - 9.38%1/12/20241/15/20241/31/2024
12/1/2023Monthly$0.0050 - 8.89%12/14/202312/15/202312/29/2023
11/1/2023Monthly$0.0050 - 7.32%11/14/202311/15/202311/30/2023
10/2/2023Monthly$0.0050 - 6.98%10/13/202310/16/202310/31/2023
9/1/2023Monthly$0.0050 - 6.98%9/14/20239/15/20239/29/2023
8/14/2023Monthly$0.0050-$0.0050
50.00%
6.9%8/14/20238/31/20238/31/2023
7/4/2023Monthly$0.01 - 12.37%7/13/20237/14/20237/31/2023
6/1/2023Monthly$0.01 - 12.63%6/14/20236/15/20236/30/2023
5/1/2023Monthly$0.01 - 11.54%5/12/20235/15/20235/31/2023
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4/3/2023Monthly$0.01 - 10.43%4/13/20234/14/20234/28/2023
3/1/2023Monthly$0.01 - 11.11%3/14/20233/15/20233/31/2023
2/1/2023Monthly$0.01 - 10.91%2/14/20232/15/20232/28/2023
1/3/2023Monthly$0.01 - 11.21%1/13/20231/16/20231/31/2023

This table shows Gear Energy's dividend 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.

Gear Energy Dividend - Frequently Asked Questions

The current dividend yield for Gear Energy is 12.77%. Learn more on GXE's dividend yield history.

The annual dividend for GXE shares is C$0.06. Learn more on GXE's annual dividend history.

Gear Energy pays monthly dividends to shareholders.

Gear Energy's next monthly dividend payment of C$0.01 per share will be made to shareholders on Tuesday, December 31, 2024.

Gear Energy's most recent monthly dividend payment of C$0.01 per share was made to shareholders on Friday, November 29, 2024.

Gear Energy's most recent ex-dividend date was Monday, December 16, 2024.

The most recent change in the company's dividend was a decrease of C$0.01 on Monday, August 14, 2023.

The dividend payout ratio for GXE is:
  • 120.00% based on the trailing year of earnings
  • 42.87% based on this year's estimates
  • 6,893.62% based on cash flow

Gear Energy's dividend yield of 9.68% is higher than the average Energy company that issues a dividend. GXE has a dividend yield higher than 75% of all dividend-paying stocks 5.62, making it a leading dividend payer. Gear Energy's dividend payout ratio of 120.00% may not be sustainable.

Looking at the stock as a whole, market analysts rate Gear Energy stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (TSE:GXE) was last updated on 12/21/2024 by MarketBeat.com Staff
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