Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company's Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deepwater pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico. This segment owns interests in approximately 1,422 miles of crude oil pipelines located offshore in the Gulf of Mexico. Its Sodium Minerals and Sulfur Services segment offers sulfur-extraction services to refining operations; and operates storage and transportation assets. This segment provides services to ten refining operations; and sells sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of base metals. Its Onshore Facilities and Transportation segment offers onshore facilities and transportation services to Gulf Coast crude oil refineries and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products. It operates trucks, trailers, railcars, and terminals and tankage with 4.2 million barrels of storage capacity in various locations along the Gulf Coast. This segment also transports crude oil. It owns four onshore crude oil pipeline systems with approximately 450 miles of pipe in Alabama, Florida, Louisiana, Mississippi, and Texas; and four operational crude oil rail unloading facilities in Baton Rouge, Raceland, and Louisiana, as well as Walnut Hill, Florida and Natchez, Mississippi. Its Marine Transportation segment offers waterborne transportation of petroleum and crude oil in North America. This segment owns a fleet of 91 barges with a combined transportation capacity of 3.2 million barrels; and 42 push/tow boats. In addition, the company produces natural soda ash. Genesis Energy, LLC serves as a general partner of the company. The company was incorporated in 1996 and is headquartered in Houston, Texas.
Genesis Energy Dividend Announcement
• Genesis Energy announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-08-14. Ex dividend date: 2024-07-31
• Genesis Energy annual dividend for 2024 was $0.45
• Genesis Energy annual dividend for 2023 was $0.60
• Genesis Energy's trailing twelve-month (TTM) dividend yield is 4.47%
• Genesis Energy's payout ratio for the trailing twelve months (TTM) is 224.70%
• Genesis Energy's dividend growth over the last five years (2018-2023) was -22.16% year
• Genesis Energy's dividend growth over the last ten years (2013-2023) was -11.41% year
Genesis Energy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-31 | $0.15 | quarterly | 2024-08-14 |
| 2024-04-29 | $0.15 | quarterly | 2024-05-15 |
| 2024-01-30 | $0.15 | quarterly | 2024-02-14 |
| 2023-10-30 | $0.15 | quarterly | 2023-11-14 |
| 2023-07-28 | $0.15 | quarterly | 2023-08-14 |
| 2023-04-27 | $0.15 | quarterly | 2023-05-15 |
| 2023-01-30 | $0.15 | quarterly | 2023-02-14 |
| 2022-10-28 | $0.15 | quarterly | 2022-11-14 |
| 2022-07-28 | $0.15 | quarterly | 2022-08-12 |
| 2022-04-28 | $0.15 | quarterly | 2022-05-13 |
| 2022-01-28 | $0.15 | quarterly | 2022-02-14 |
| 2021-10-28 | $0.15 | quarterly | 2021-11-12 |
| 2021-07-29 | $0.15 | quarterly | 2021-08-13 |
| 2021-04-29 | $0.15 | quarterly | 2021-05-14 |
| 2021-01-28 | $0.15 | quarterly | 2021-02-12 |
| 2020-10-29 | $0.15 | quarterly | 2020-11-13 |
| 2020-07-30 | $0.15 | quarterly | 2020-08-14 |
| 2020-04-30 | $0.15 | quarterly | 2020-05-15 |
| 2020-01-30 | $0.55 | quarterly | 2020-02-14 |
| 2019-10-30 | $0.55 | quarterly | 2019-11-14 |
| 2019-07-30 | $0.55 | quarterly | 2019-08-14 |
| 2019-04-30 | $0.55 | quarterly | 2019-05-15 |
| 2019-01-30 | $0.55 | quarterly | 2019-02-14 |
| 2018-10-30 | $0.54 | quarterly | 2018-11-14 |
| 2018-07-30 | $0.53 | quarterly | 2018-08-14 |
| 2018-04-30 | $0.52 | quarterly | 2018-05-15 |
| 2018-01-30 | $0.51 | quarterly | 2018-02-14 |
| 2017-10-30 | $0.50 | quarterly | 2017-11-14 |
| 2017-07-27 | $0.72 | quarterly | 2017-08-14 |
| 2017-04-26 | $0.72 | quarterly | 2017-05-15 |
| 2017-01-27 | $0.71 | quarterly | 2017-02-14 |
| 2016-10-26 | $0.70 | quarterly | 2016-11-14 |
| 2016-07-27 | $0.69 | quarterly | 2016-08-12 |
| 2016-04-27 | $0.67 | quarterly | 2016-05-13 |
| 2016-01-27 | $0.66 | quarterly | 2016-02-12 |
| 2015-10-28 | $0.64 | quarterly | 2015-11-13 |
| 2015-07-29 | $0.62 | quarterly | 2015-08-14 |
| 2015-04-29 | $0.61 | quarterly | 2015-05-15 |
| 2015-01-29 | $0.59 | quarterly | 2015-02-13 |
| 2014-10-29 | $0.58 | quarterly | 2014-11-14 |
| 2014-07-30 | $0.56 | quarterly | 2014-08-14 |
| 2014-04-29 | $0.55 | quarterly | 2014-05-15 |
| 2014-01-29 | $0.54 | quarterly | 2014-02-14 |
| 2013-10-30 | $0.52 | quarterly | 2013-11-14 |
| 2013-07-30 | $0.51 | quarterly | 2013-08-14 |
| 2013-04-29 | $0.50 | quarterly | 2013-05-15 |
| 2013-01-30 | $0.48 | quarterly | 2013-02-14 |
Genesis Energy Dividend per year
Genesis Energy Dividend growth
Genesis Energy Dividend Yield
Genesis Energy current trailing twelve-month (TTM) dividend yield is 4.47%. Interested in purchasing Genesis Energy stock? Use our calculator to estimate your expected dividend yield:
Genesis Energy Financial Ratios
P/E ratio22.65
PEG ratio2.58
P/B ratio1.32
ROE5.14%
Payout ratio224.70%
Current ratio1.09
Quick ratio0.96
Cash Ratio0.04
Genesis Energy Dividend FAQ
How much is the next Genesis Energy dividend?
Genesis Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Genesis Energy dividend. The next Genesis Energy dividend will be released in January, April, July, or October.
When is Genesis Energy dividend paid?
Genesis Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Genesis Energy pay?
The specific amount of Genesis Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Genesis Energy's dividend history.
Does Genesis Energy stock pay dividends?
Yes, Genesis Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Genesis Energy's dividend history.
How much dividend does Genesis Energy pay?
Genesis Energy paid $0.45 in 2024, $0.6 in 2023, $0.6 in 2022, $0.6 in 2021, and $1.0 in 2020.
How often does Genesis Energy pay dividends?
Genesis Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Genesis Energy's dividend yield?
The current dividend yield for Genesis Energy is 4.47%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Genesis Energy's exact dividend yield.
When does Genesis Energy go ex dividend?
Genesis Energy's ex-dividend date for the latest dividend was on 2024-07-31. Genesis Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Genesis Energy dividend paid?
Genesis Energy pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Genesis Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Genesis Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Genesis Energy dividend per share?
Genesis Energy paid $0.45 per share in 2024 and $0.6 per share in 2023. The amount of dividend per share that Genesis Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Genesis Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Genesis Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Genesis Energy a dividend stock?
Yes, Genesis Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Genesis Energy a good dividend stock?
Whether Genesis Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Genesis Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Genesis 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.
Other factors to consider when evaluating Genesis 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.
Does Genesis Energy pay dividends monthly?
Genesis Energy typically pays dividends on a quarterly basis.
Does Genesis Energy pay dividends quarterly?
Genesis Energy currently pays dividends on a quarterly basis.
Has Genesis Energy ever paid a dividend?
Yes, Genesis Energy has a history of paying dividends to its shareholders. Genesis Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Genesis Energy dividend stocks?
To buy Genesis Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Genesis Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Genesis Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Genesis Energy pay dividends 2024?
Genesis Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Genesis Energy increase its dividend in 2024?
Decisions regarding Genesis Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Genesis Energy dividend overview you can look into the above table of dividend history.
How Genesis Energy dividend works?
The Genesis Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Genesis Energy's dividend process works:
1. Determination of Dividend: Genesis 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, Genesis 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, Genesis 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 Genesis 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. Determination of Dividend: Genesis 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, Genesis 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, Genesis 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 Genesis 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.
How are Genesis Energy dividends paid?
Genesis Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Genesis 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, Genesis 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: Genesis 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.
1. Record Date: Genesis 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, Genesis 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: Genesis 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.
How many times does Genesis Energy pay dividends?
Genesis Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Genesis Energy pay dividends?
The general pattern is that Genesis Energy pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Genesis Energy dividend safe?
The safety of Genesis Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Genesis 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 Genesis 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.
To assess the safety of Genesis 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 Genesis 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.