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Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops a portfolio of residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through two segments, Land Development and Home Building. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots, and commercial and industrial lands to third-party developers and builders. The Home Building segment designs, constructs, and sells single-family and semi-detached homes and townhomes. The company was formerly known as Genesis Capital Corp. and changed its name to Genesis Land Development Corp. in October 1998. Genesis Land Development Corp. was founded in 1991 and is headquartered in Calgary, Canada.

Genesis Land Development Dividend Announcement

Genesis Land Development announced a semi annually dividend of C$0.10 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-05-23
Genesis Land Development annual dividend for 2024 was C$0.10
Genesis Land Development annual dividend for 2023 was C$0.17
Genesis Land Development's trailing twelve-month (TTM) dividend yield is 4.5%
Genesis Land Development's payout ratio for the trailing twelve months (TTM) is 40.52%

Genesis Land Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-23C$0.10semi annually2024-06-12
2023-11-20C$0.09semi annually2023-12-08
2023-05-25C$0.09semi annually2023-06-12
2022-11-25C$0.07semi annually2022-12-15
2022-08-11C$0.07semi annually2022-08-26
2020-12-22C$0.15semi annually2021-01-11
2018-08-27C$0.24semi annually2018-09-12
2017-12-22C$0.25semi annually2018-01-05
2017-08-29C$0.21semi annually2017-09-15
2016-12-07C$0.25semi annually2016-12-22
2015-12-22C$0.12semi annually2015-12-31
2014-06-18C$0.12semi annually2014-06-30

Genesis Land Development Dividend per year

Genesis Land Development Dividend growth

Genesis Land Development Dividend Yield

Genesis Land Development current trailing twelve-month (TTM) dividend yield is 4.5%. Interested in purchasing Genesis Land Development stock? Use our calculator to estimate your expected dividend yield:

Genesis Land Development Financial Ratios

P/E ratio9.00
PEG ratio-0.18
P/B ratio0.94
ROE10.76%
Payout ratio40.52%
Current ratio0.77
Quick ratio-2.97
Cash Ratio0.38

Genesis Land Development Dividend FAQ

How much is the next Genesis Land Development dividend?
Genesis Land Development'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 Land Development dividend. The next Genesis Land Development dividend will be released in May, or November.
When is Genesis Land Development dividend paid?
Genesis Land Development pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and November. 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 Land Development pay?
The specific amount of Genesis Land Development 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 Land Development's dividend history.
Does Genesis Land Development stock pay dividends?
Yes, Genesis Land Development 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 Land Development's dividend history.
How much dividend does Genesis Land Development pay?
Genesis Land Development paid C$0.095 in 2024, C$0.17 in 2023, C$0.15 in 2022, C$0.0 in 2021, and C$0.15 in 2020.
How often does Genesis Land Development pay dividends?
Genesis Land Development typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May, and November.
What is Genesis Land Development's dividend yield?
The current dividend yield for Genesis Land Development is 4.5%. 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 Land Development's exact dividend yield.
When does Genesis Land Development go ex dividend?
Genesis Land Development's ex-dividend date for the latest dividend was on 2024-05-23. Genesis Land Development 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 Land Development dividend paid?
Genesis Land Development pays dividends on a semi annually basis, typically around May, or November, but the exact dates can vary each year.
Will Genesis Land Development 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 Land Development 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 Land Development dividend per share?
Genesis Land Development paid C$0.095 per share in 2024 and C$0.17 per share in 2023. The amount of dividend per share that Genesis Land Development 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 Land Development 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 Land Development 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 Land Development a dividend stock?
Yes, Genesis Land Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Genesis Land Development a good dividend stock?
Whether Genesis Land Development 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 Land Development has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Genesis Land Development 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 Land Development pay dividends monthly?
Genesis Land Development typically pays dividends on a semi annually basis.
Does Genesis Land Development pay dividends quarterly?
Genesis Land Development currently pays dividends on a semi annually basis.
Has Genesis Land Development ever paid a dividend?
Yes, Genesis Land Development has a history of paying dividends to its shareholders. Genesis Land Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Genesis Land Development dividend stocks?
To buy Genesis Land Development 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 Land Development 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 Land Development pay dividends 2024?
Genesis Land Development pays dividends on a semi annually basis. 2024 dividend payments are in 2024-06-12. 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 Land Development increase its dividend in 2024?
Decisions regarding Genesis Land Development 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 Land Development dividend overview you can look into the above table of dividend history.
How Genesis Land Development dividend works?
The Genesis Land Development 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 Land Development's dividend process works:

1. Determination of Dividend: Genesis Land Development'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 Land Development 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 Land Development 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 Land Development 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 Land Development dividends paid?
Genesis Land Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Genesis Land Development 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 Land Development 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 Land Development 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 Land Development pay dividends?
Genesis Land Development typically pays dividends on a semi annually 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 Land Development pay dividends?
The general pattern is that Genesis Land Development pays dividends around May, and November. 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 Land Development dividend safe?
The safety of Genesis Land Development'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 Land Development'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 Land Development'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.