Genesis Energy Dividend
Dividend criteria checks 5/6
Genesis Energy is a dividend paying company with a current yield of 7.64%.
Key information
7.6%
Dividend yield
189%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.082 |
Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GNE's dividends per share have been stable 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) | 7.6% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Electric Utilities) | 5.0% |
Analyst forecast in 3 Years (GNE) | 6.3% |
Notable Dividend: GNE's dividend (7.64%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: GNE's dividend (7.64%) is in the top 25% of dividend payers in the Australian market (6.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (189.5%), GNE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.9%), GNE's dividend payments are covered by cash flows.