Genesis Energy Dividend
Dividend criteria checks 3/6
Genesis Energy Limited is a dividend paying company with a current yield of 6.2% that is well covered by earnings.
Key information
6.2%
Dividend yield
83%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | NZ$0.18 |
Earnings per share | NZ$0.21 |
Dividend yield forecast in 3Y | 6.4% |
Recent dividend updates
Recent updates
Does Genesis Energy (NZSE:GNE) Have A Healthy Balance Sheet?
Dec 23Genesis Energy (NZSE:GNE) Might Have The Makings Of A Multi-Bagger
Dec 02Calculating The Fair Value Of Genesis Energy Limited (NZSE:GNE)
Oct 13Genesis Energy (NZSE:GNE) Is Paying Out A Larger Dividend Than Last Year
Sep 19Genesis Energy's (NZSE:GNE) Dividend Will Be Increased To NZ$0.1016
Sep 05Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.1016
Aug 22Returns On Capital At Genesis Energy (NZSE:GNE) Have Stalled
Jul 18Genesis Energy (NZSE:GNE) Has A Pretty Healthy Balance Sheet
Jun 08Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.099
Mar 07Return Trends At Genesis Energy (NZSE:GNE) Aren't Appealing
Mar 03These 4 Measures Indicate That Genesis Energy (NZSE:GNE) Is Using Debt Reasonably Well
Dec 28Return Trends At Genesis Energy (NZSE:GNE) Aren't Appealing
Nov 21It Looks Like Shareholders Would Probably Approve Genesis Energy Limited's (NZSE:GNE) CEO Compensation Package
Oct 22Genesis Energy's (NZSE:GNE) Dividend Will Be Increased To NZ$0.10
Sep 13Genesis Energy's (NZSE:GNE) Dividend Will Be Increased To NZ$0.10
Aug 29Is Genesis Energy (NZSE:GNE) Using Too Much Debt?
Jul 01An Intrinsic Calculation For Genesis Energy Limited (NZSE:GNE) Suggests It's 49% Undervalued
May 28Genesis Energy (NZSE:GNE) Hasn't Managed To Accelerate Its Returns
May 02Tread With Caution Around Genesis Energy Limited's (NZSE:GNE) 4.9% Dividend Yield
Apr 05Genesis Energy (NZSE:GNE) Has A Pretty Healthy Balance Sheet
Mar 24Here's Why We're Wary Of Buying Genesis Energy's (NZSE:GNE) For Its Upcoming Dividend
Mar 12The Chief Executive Officer of Genesis Energy Limited (NZSE:GNE), Marc England, Just Sold 32% Of Their Holding
Mar 11Genesis Energy Limited's (NZSE:GNE) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Mar 06Genesis Energy Limited (NZSE:GNE) Shares Could Be 44% Below Their Intrinsic Value Estimate
Feb 21What Kind Of Investors Own Most Of Genesis Energy Limited (NZSE:GNE)?
Feb 02Is Genesis Energy (NZSE:GNE) Likely To Turn Things Around?
Jan 18Shareholders Of Genesis Energy (NZSE:GNE) Must Be Happy With Their 180% Total Return
Jan 03Is Genesis Energy (NZSE:GNE) Using Too Much Debt?
Dec 19Read This Before Buying Genesis Energy Limited (NZSE:GNE) For Its Dividend
Dec 06Key Things To Understand About Genesis Energy's (NZSE:GNE) CEO Pay Cheque
Nov 24Stability and Growth of Payments
Month | Dividend Per Share (annual) | Avg. Yield (%) |
---|---|---|
6/30/2025 | 0.18 | 5 |
6/30/2024 | 0.18 | 5 |
6/30/2023 | 0.18 | 5 |
2/2/2023 | 0.18 | 6.18 |
8/20/2022 | 0.18 | 6.41 |
8/27/2021 | 0.17 | 5.98 |
8/19/2020 | 0.17 | 5.1 |
8/28/2019 | 0.17 | 5.63 |
8/27/2019 | 0.17 | 5.09 |
2/28/2019 | 0.17 | 5.36 |
8/28/2018 | 0.17 | 6.64 |
3/5/2018 | 0.17 | 6.9 |
8/22/2017 | 0.17 | 6.94 |
7/15/2017 | 0.17 | 6.79 |
2/28/2017 | 0.16 | 7.37 |
10/10/2016 | 0.16 | 7.97 |
2/23/2016 | 0.16 | 7.75 |
8/25/2015 | 0.16 | 8.53 |
7/15/2015 | 0.16 | 9.23 |
9/5/2014 | 0.13 | 6.44 |
Stable Dividend: Whilst dividend payments have been stable, GNE has been paying a dividend for less than 10 years.
Growing Dividend: GNE's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Genesis Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GNE) | 6.2% |
Market Bottom 25% (NZ) | 3.0% |
Market Top 25% (NZ) | 6.2% |
Industry Average (Electric Utilities) | 4.0% |
Analyst forecast in 3 Years (GNE) | 6.4% |
Notable Dividend: GNE's dividend (6.18%) is higher than the bottom 25% of dividend payers in the NZ market (2.96%).
High Dividend: GNE's dividend (6.18%) is in the top 25% of dividend payers in the NZ market (6.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.8%), GNE's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104.8%), GNE's dividend payments are not well covered by cash flows.