Genie Energy Dividend
Dividend criteria checks 3/6
Genie Energy is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
60%
Payout ratio
Industry average yield | 5.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.47 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6GE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6GE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Genie Energy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6GE) | 2.0% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Electric Utilities) | 5.8% |
Analyst forecast in 3 Years (6GE) | n/a |
Notable Dividend: 6GE's dividend (1.96%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 6GE's dividend (1.96%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.9%), 6GE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.4%), 6GE's dividend payments are well covered by cash flows.