Genesis Energy's last quarterly dividend payment of $0.15 per share was made to shareholders on record before Oct 30, 2023. At an annualized rate of $0.6 per share, the stock yields 5.11%.
GEL has a dividend yield of 5.11% which is above the Energy sector average but below the industry and its peers average. Compared to its Energy sector average of 3.8%, Genesis Energy's dividend yield is 34% higher. The historical 5-year average of GEL's dividend yield is 9.9%, which is above the current yield.
Genesis Energy has been paying dividends for the last 26 years. According to our records GEL has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 16% from a year ago, the dividend yield marks a decrease of 14%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Oct 30, 2023 | Nov 14, 2023 | Oct 11, 2023 | $0.15 | normal |
Jul 28, 2023 | Aug 14, 2023 | Jul 12, 2023 | $0.15 | normal |
Apr 27, 2023 | May 15, 2023 | Apr 11, 2023 | $0.15 | normal |
Jan 30, 2023 | Feb 14, 2023 | Jan 11, 2023 | $0.15 | normal |
Oct 28, 2022 | Nov 14, 2022 | Oct 10, 2022 | $0.15 | normal |
Jul 28, 2022 | Aug 12, 2022 | Jul 12, 2022 | $0.15 | normal |
Apr 28, 2022 | May 13, 2022 | Apr 7, 2022 | $0.15 | normal |
Jan 28, 2022 | Feb 14, 2022 | Jan 13, 2022 | $0.15 | normal |
Oct 28, 2021 | Nov 12, 2021 | Oct 5, 2021 | $0.15 | normal |
Jul 29, 2021 | Aug 13, 2021 | Jul 7, 2021 | $0.15 | normal |
Apr 29, 2021 | May 14, 2021 | Apr 7, 2021 | $0.15 | normal |
Jan 28, 2021 | Feb 12, 2021 | Jan 14, 2021 | $0.15 | normal |
Oct 29, 2020 | Nov 13, 2020 | Oct 7, 2020 | $0.15 | normal |
Jul 30, 2020 | Aug 14, 2020 | Jul 8, 2020 | $0.15 | normal |
Apr 30, 2020 | May 15, 2020 | Apr 8, 2020 | $0.15 | normal |
Jan 30, 2020 | Feb 14, 2020 | Jan 9, 2020 | $0.55 | normal |
Oct 30, 2019 | Nov 14, 2019 | Oct 9, 2019 | $0.55 | normal |
Jul 30, 2019 | Aug 14, 2019 | Jul 9, 2019 | $0.55 | normal |
Apr 30, 2019 | May 15, 2019 | Apr 12, 2019 | $0.55 | normal |
Jan 30, 2019 | Feb 14, 2019 | Jan 9, 2019 | $0.55 | normal |
Oct 30, 2018 | Nov 14, 2018 | Oct 11, 2018 | $0.54 | normal |
Jul 30, 2018 | Aug 14, 2018 | Jul 16, 2018 | $0.53 | normal |
Apr 30, 2018 | May 15, 2018 | Apr 10, 2018 | $0.52 | normal |
Jan 30, 2018 | Feb 14, 2018 | Jan 10, 2018 | $0.51 | normal |
Oct 30, 2017 | Nov 14, 2017 | Oct 12, 2017 | $0.5 | normal |
Jul 27, 2017 | Aug 14, 2017 | Jul 12, 2017 | $0.723 | normal |
Apr 26, 2017 | May 15, 2017 | Apr 11, 2017 | $0.72 | normal |
Jan 27, 2017 | Feb 14, 2017 | Jan 12, 2017 | $0.71 | normal |
Oct 26, 2016 | Nov 14, 2016 | Oct 5, 2016 | $0.7 | normal |
Jul 27, 2016 | Aug 12, 2016 | Jul 7, 2016 | $0.69 | normal |
Apr 27, 2016 | May 13, 2016 | Apr 13, 2016 | $0.673 | normal |
GEL has a payout ratio of 136.4% which is higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 42.4%, Genesis Energy's payout ratio is 222% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MPLX Mplx Lp | 8.77% | $3.18 | 91% |
NS NuStar Energy LP | 8.52% | $1.6 | 307.7% |
EPD Enterprise Products Partners Lp | 7.49% | $1.98 | 80.8% |
HEP Holly Energy Partners Lp | 6.79% | $1.4 | 73.7% |
GEL Genesis Energy Lp | 4.96% | $0.6 | 136.4% |
XOM Exxon Mobil Corp | 3.6% | $3.68 | 36.5% |
PSX Phillips 66 | 3.44% | $4.2 | 25.2% |
Yes, Genesis Energy has paid four dividends in the last 12 months. GEL has been paying dividends since 1997.
Currently GEL's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in January 2024.
Genesis Energy's last dividend ex-date was on Oct 30, 2023. The dividend amount was $0.15 per share.
On an annual basis GEL pays $0.6 per share.
Genesis Energy's current dividend yield is 5.11%.
Genesis Energy has a quarterly dividend frequency.
Genesis Energy's dividend payout ratio is 136.4%.
Genesis Energy's dividend yield is above the Energy sector average.