Genesis Energy Dividends and Buybacks
Dividend criteria checks 3/6
Genesis Energy is a dividend paying company with a current yield of 5.93%.
Key information
5.9%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | -2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.140 |
| Payout ratio | 115% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GNE's dividend payments have been volatile in the past 10 years.
Growing Dividend: GNE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Genesis Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GNE) | 5.9% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Electric Utilities) | 4.6% |
| Analyst forecast (GNE) (up to 3 years) | 6.0% |
Notable Dividend: GNE's dividend (5.93%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: GNE's dividend (5.93%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (114.6%), GNE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53%), GNE's dividend payments are covered by cash flows.