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GEL Genesis Energy dividend history, payout ratio & dates

Genesis Energy's last quarterly dividend payment of $0.15 per share was made to shareholders on record before Apr 29, 2024. At an annualized rate of $0.6 per share, the stock yields 4.58%.

Key dates

  • GEL last dividend date: Apr 29, 2024
  • GEL next dividend date: Not announced
GEL dividend stats
DPS
$0.6
Dividend yield
4.58%
Payout ratio
176.5%
vs. Energy sector
Dividend yield
3.68%
Payout ratio
49%

Dividend yield

What is Genesis Energy current dividend yield

GEL has a dividend yield of 4.58% which is above the Energy sector average but below the industry and its peers average. Compared to its Energy sector average of 3.68%, Genesis Energy's dividend yield is 24% higher. The historical 5-year average of GEL's dividend yield is 9.4%, which is above the current yield.

Dividend history

What is GEL dividend payout history and dates

Genesis Energy has been paying dividends for the last 27 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 28% from a year ago, the dividend yield marks a decrease of 22%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 29, 2024 May 15, 2024 Apr 11, 2024 $0.15 normal
Jan 30, 2024 Feb 14, 2024 Jan 10, 2024 $0.15 normal
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

Genesis Energy dividend payout ratio

What is Genesis Energy dividend payout ratio compared to the sector

Payout ratio

GEL has a payout ratio of 176.5% which is higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 49%, Genesis Energy's payout ratio is 260% higher.

Total amount of dividends paid per financial year (from cash flow)

GEL dividend vs peer dividends

How does GEL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MPLX Mplx Lp 8.22% $3.33 85.7%
EPD Enterprise Products Partners Lp 7.11% $2.03 79.9%
GEL Genesis Energy Lp 4.58% $0.6 176.5%
DK Delek US Holdings Inc 3.38% $0.97 N/A
XOM Exxon Mobil Corp 3.14% $3.76 46.1%
PSX Phillips 66 2.92% $4.3 32.8%

Frequently asked questions

Does Genesis Energy pay a dividend?

Yes, Genesis Energy has paid four dividends in the last 12 months. GEL has been paying dividends since 1997.

When is Genesis Energy's next dividend?

Currently GEL's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.

When was GEL's last dividend?

Genesis Energy's last dividend ex-date was on Apr 29, 2024. The dividend amount was $0.15 per share.

How much dividend does Genesis Energy pay (per share)?

On an annual basis GEL pays $0.6 per share.

What is Genesis Energy's dividend yield?

Genesis Energy's current dividend yield is 4.58%.

How often does Genesis Energy pay dividends?

Genesis Energy has a quarterly dividend frequency.

What is Genesis Energy's dividend payout ratio?

Genesis Energy's dividend payout ratio is 176.5%.

Does Genesis Energy pay a good dividend?

Genesis Energy's dividend yield is above the Energy sector average.