Genel Energy plc, through its subsidiaries, operates as an independent oil and gas exploration and production company. It operates through two segments, Production and Pre-production. The Production segment holds a 25% working interest in the Tawke PSC; 44% working interest in the Taq Taq PSC; and 30% working interest in the Sarta PSC located in the Kurdistan Region of Iraq (KRI). The Pre-Production segment holds a 40% working interest Qara Dagh PSC located in KRI; 50% working interest in Odewayne and 51% working interest in SL10B13 located in Somaliland; and 75% working interest in Lagzira in Morocco. As of December 31, 2021, the company had 63 millions of barrels (MMbbls) of proven net working interest reserves, and 104 MMbbls of proven plus probable net working interest reserves. Genel Energy plc is headquartered in London, the United Kingdom.
Genel Energy Dividend Announcement
• Genel Energy announced a semi annually dividend of £7.76 per ordinary share which will be made payable on 2023-05-19. Ex dividend date: 2023-04-20
• Genel Energy annual dividend for 2023 was £7.76
• Genel Energy's trailing twelve-month (TTM) dividend yield is -%
Genel Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-04-20 | £7.76 | semi annually | 2023-05-19 |
2022-09-15 | £4.59 | semi annually | 2022-10-14 |
2022-04-14 | £7.07 | semi annually | 2022-05-18 |
2021-11-11 | £3.33 | semi annually | 2021-12-10 |
2021-05-13 | £5.04 | semi annually | 2021-06-14 |
2020-11-12 | £2.88 | semi annually | 2020-12-11 |
2020-05-28 | £6.58 | semi annually | 2020-06-29 |
2019-12-12 | £2.83 | semi annually | 2020-01-08 |
2019-05-23 | £6.20 | semi annually | 2019-06-24 |
Genel Energy Dividend per year
Genel Energy Dividend growth
Genel Energy Dividend Yield
Genel Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Genel Energy stock? Use our calculator to estimate your expected dividend yield:
Genel Energy Financial Ratios
Genel Energy Dividend FAQ
Other factors to consider when evaluating Genel Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Genel Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Genel Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Genel Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Genel Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Genel Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Genel Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Genel Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Genel Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Genel Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.