Genesis Energy Dividend
Dividend criteria checks 4/6
Genesis Energy is a dividend paying company with a current yield of 6.28%. Next payment date is on 11th October, 2024 with an ex-dividend date of 25th September, 2024.
Key information
6.3%
Dividend yield
115%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | 11 Oct 24 |
| Ex dividend date | 25 Sep 24 |
| Dividend per share | NZ$0.140 |
| Earnings per share | NZ$0.12 |
| Dividend yield forecast | 6.4% |
Recent dividend updates
Genesis Energy (NZSE:GNE) Has Announced A Dividend Of NZ$0.0824
Sep 09
Genesis Energy (NZSE:GNE) Is Due To Pay A Dividend Of NZ$0.0824
Aug 24Genesis Energy's (NZSE:GNE) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 09Recent updates
Genesis Energy (NZSE:GNE) Has Announced A Dividend Of NZ$0.0824
Sep 09Genesis Energy (NZSE:GNE) Is Due To Pay A Dividend Of NZ$0.0824
Aug 24News Flash: Analysts Just Made A Notable Upgrade To Their Genesis Energy Limited (NZSE:GNE) Forecasts
Aug 22Some Shareholders Feeling Restless Over Genesis Energy Limited's (NZSE:GNE) P/E Ratio
Jul 19Genesis Energy (NZSE:GNE) Has Some Way To Go To Become A Multi-Bagger
May 27Genesis Energy Limited's (NZSE:GNE) Price Is Out Of Tune With Earnings
Dec 26Here's Why Genesis Energy (NZSE:GNE) Can Manage Its Debt Responsibly
Dec 07Genesis Energy's (NZSE:GNE) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 09Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.1035
Aug 26With EPS Growth And More, Genesis Energy (NZSE:GNE) Makes An Interesting Case
Feb 14Does 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 21
Upcoming Dividend Payment
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) | 6.3% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.0% |
| Industry Average (Electric Utilities) | 5.1% |
| Analyst forecast (GNE) (up to 3 years) | 6.4% |
Notable Dividend: GNE's dividend (6.28%) is higher than the bottom 25% of dividend payers in the NZ market (3.41%).
High Dividend: GNE's dividend (6.28%) is in the top 25% of dividend payers in the NZ market (6%)
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 (52.6%), GNE's dividend payments are covered by cash flows.