GNE Genie Energy dividend history, payout ratio & dates
Genie Energy's last dividend of $0.075 per share was on Aug 14, 2024 (ex-date). The annualized dividend payment of $0.3 per share represents a current dividend yield of 1.86%.
Key dates
- GNE last dividend date: Aug 14, 2024
GNE dividend stats
vs. Utilities sector
Dividend yield
Genie Energy's dividend yield of 1.86% is lower than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 3.16%, Genie Energy's dividend yield is 41% lower. The historical 5-year average of GNE's dividend yield is 2.6%, which is more than the current one.
Dividend history
Genie Energy has a dividend history dating as far as 2012, but when it comes to recent years the company has recorded ten consecutive years of dividend payments. Our records of GNE show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price down by 14% from a year ago, the dividend yield has grown by 17%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 14, 2024 | $0.075 | 1.92% |
| May 17, 2024 | $0.075 | 1.96% |
| Feb 16, 2024 | $0.075 | 1.64% |
| Nov 10, 2023 | $0.075 | 1.24% |
| Aug 11, 2023 | $0.075 | 1.95% |
| May 18, 2023 | $0.075 | 1.98% |
| Feb 17, 2023 | $0.075 | 2.38% |
| Nov 10, 2022 | $0.075 | 3.21% |
| Aug 17, 2022 | $0.075 | 2.1% |
| May 19, 2022 | $0.075 | 2.08% |
| Feb 18, 2022 | $0.075 | 1.24% |
| Dec 3, 2020 | $0.085 | 4% |
| Aug 17, 2020 | $0.085 | 3.58% |
| May 18, 2020 | $0.085 | 3.81% |
| Mar 23, 2020 | $0.075 | 4.71% |
| Nov 15, 2019 | $0.075 | 3.61% |
| Aug 15, 2019 | $0.075 | 4.27% |
| May 17, 2019 | $0.075 | 3.09% |
| Mar 22, 2019 | $0.075 | 3.56% |
| Nov 16, 2018 | $0.075 | 4.67% |
| Aug 14, 2018 | $0.075 | 5.67% |
| May 14, 2018 | $0.075 | 5.93% |
| Mar 16, 2018 | $0.075 | 6.11% |
| Nov 10, 2017 | $0.075 | 5.48% |
| Aug 11, 2017 | $0.075 | 4.83% |
| May 11, 2017 | $0.075 | 3.62% |
| Mar 16, 2017 | $0.075 | 4.23% |
| Nov 17, 2016 | $0.06 | 3% |
| Aug 15, 2016 | $0.06 | 1.74% |
| May 12, 2016 | $0.06 | 0.78% |
| May 13, 2015 | $0.06 | 1.03% |
| Mar 19, 2015 | $0.06 | 0.82% |
Genie Energy dividend payout ratio
Payout ratio
Genie Energy's payout ratio of 125% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 64%, Genie Energy's payout ratio is 95% higher.
Total amount of dividends paid per financial year (from cash flow)
GNE dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UGI Ugi Corp | 6.03% | $1.5 | 46.9% |
| FE Firstenergy Corp | 3.77% | $1.67 | 109.9% |
| EXC Exelon Corp | 3.68% | $1.5 | 61.7% |
| NFG National Fuel Gas Co | 3.21% | $2.02 | 58.2% |
| ED Consolidated Edison Inc | 3.07% | $3.3 | 63.8% |
| NI Nisource Inc | 2.96% | $1.05 | 61.8% |
| GNE Genie Energy Ltd | 1.83% | $0.3 | 125% |
Frequently asked questions
Does Genie Energy pay a dividend?
Yes, Genie Energy has been paying dividends for the last ten years.
When was GNE's last dividend?
Genie Energy's last dividend ex-date was on Aug 14, 2024. The dividend amount was $0.075 per share.
How much dividend does Genie Energy pay (per share)?
On an annual basis GNE pays $0.3 per share.
What is Genie Energy's dividend yield?
Genie Energy's current dividend yield is 1.86%.
How often does Genie Energy pay dividends?
Genie Energy has a quarterly dividend frequency.
What is Genie Energy's dividend payout ratio?
The dividend payout ratio of Genie Energy is 125%.
Does Genie Energy pay a good dividend?
Genie Energy's dividend yield is less than the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.