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Genex Power Limited develops and commercializes renewable energy generation and storage projects in Australia. The company generates power through hydro, wind, and solar projects. Its flagship project is the Kidston Clean Energy Hub comprising 50MW solar project and the 250MW Kidston Pumped hydro project located in the north Queensland. The company was incorporated in 2011 and is based in Sydney, Australia.

Genex Power Dividend Announcement

Genex Power does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Genex Power dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Genex Power Dividend History

Genex Power Dividend Yield

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

Genex Power Financial Ratios

P/E ratio-71.88
PEG ratio-0.72
P/B ratio1.99
ROE-2.72%
Payout ratio0.00%
Current ratio0.46
Quick ratio0.46
Cash Ratio0.14

Genex Power Dividend FAQ

Does Genex Power stock pay dividends?
Genex Power does not currently pay dividends to its shareholders.
Has Genex Power ever paid a dividend?
No, Genex Power has no a history of paying dividends to its shareholders. Genex Power is not known for its dividend payments.
Why doesn't Genex Power pay dividends?
There are several potential reasons why Genex Power would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Genex Power ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Genex Power has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Genex Power a dividend aristocrat?
Genex Power is not considered a Dividend Aristocrat. 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 Genex Power a dividend king?
Genex Power is not classified as a "Dividend King". 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 Genex Power a dividend stock?
No, Genex Power is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Genex Power stocks?
To buy Genex Power 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Genex Power 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.