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Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The company also engages in the provision of energy advisory and brokerage services; solar panel manufacturing and distribution; solar installation design; and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.

Genie Energy Dividend Announcement

Genie Energy announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-14
Genie Energy annual dividend for 2024 was $0.22
Genie Energy annual dividend for 2023 was $0.30
Genie Energy's trailing twelve-month (TTM) dividend yield is 1.96%
Genie Energy's payout ratio for the trailing twelve months (TTM) is 107.49%

Genie Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-14$0.07quarterly2024-08-22
2024-05-17$0.07quarterly2024-05-31
2024-02-16$0.07quarterly2024-02-28
2023-11-10$0.07quarterly2023-11-21
2023-08-11$0.07quarterly2023-08-21
2023-05-18$0.07quarterly2023-05-30
2023-02-17$0.07quarterly2023-03-01
2022-11-10$0.07quarterly2022-11-21
2022-08-17$0.07quarterly2022-08-26
2022-05-19$0.07quarterly2022-05-31
2022-05-05$0.08quarterly2022-05-16
2022-02-18$0.07quarterly2022-03-01
2021-12-20$0.08quarterly2022-01-25
2020-12-03$0.09quarterly2020-12-11
2020-08-17$0.09quarterly2020-08-26
2020-05-18$0.09quarterly2020-05-29
2020-03-23$0.07quarterly2020-04-03
2019-11-15$0.07quarterly2019-11-29
2019-08-15$0.07quarterly2019-08-23
2019-05-17$0.07quarterly2019-05-31
2019-03-22$0.07quarterly2019-03-29
2018-11-16$0.07quarterly2018-11-30
2018-08-14$0.07quarterly2018-08-24
2018-05-14$0.07quarterly2018-05-23
2018-03-16$0.07quarterly2018-03-23
2017-11-10$0.07quarterly2017-11-17
2017-08-11$0.07quarterly2017-08-25
2017-05-11$0.07quarterly2017-05-19
2017-03-16$0.07quarterly2017-03-24
2016-11-17$0.06quarterly2016-12-02
2016-08-15$0.06quarterly2016-08-26
2016-05-12$0.06quarterly2016-05-20
2016-02-03$0.06quarterly2016-02-12
2015-05-13$0.06quarterly2015-05-22
2015-03-19$0.06quarterly2015-03-31
2014-11-20$0.06quarterly2014-12-02
2012-08-16$0.05quarterly2012-08-28
2012-05-17$0.05quarterly2012-05-30
2012-03-22$0.03quarterly2012-04-03

Genie Energy Dividend per year

Genie Energy Dividend growth

Genie Energy Dividend Yield

Genie Energy current trailing twelve-month (TTM) dividend yield is 1.96%. Interested in purchasing Genie Energy stock? Use our calculator to estimate your expected dividend yield:

Genie Energy Financial Ratios

P/E ratio52.99
PEG ratio1.11
P/B ratio2.02
ROE3.78%
Payout ratio107.49%
Current ratio2.59
Quick ratio2.52
Cash Ratio1.58

Genie Energy Dividend FAQ

How much is the next Genie Energy dividend?
Genie 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 Genie Energy dividend. The next Genie Energy dividend will be released in February, May, August, or November.
When is Genie Energy dividend paid?
Genie Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, 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 Genie Energy pay?
The specific amount of Genie 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 Genie Energy's dividend history.
Does Genie Energy stock pay dividends?
Yes, Genie 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 Genie Energy's dividend history.
How much dividend does Genie Energy pay?
Genie Energy paid $0.225 in 2024, $0.3 in 2023, $0.385 in 2022, $0.08 in 2021, and $0.33 in 2020.
How often does Genie Energy pay dividends?
Genie 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 February, May, August, and November.
What is Genie Energy's dividend yield?
The current dividend yield for Genie Energy is 1.96%. 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 Genie Energy's exact dividend yield.
When does Genie Energy go ex dividend?
Genie Energy's ex-dividend date for the latest dividend was on 2024-08-14. Genie 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 Genie Energy dividend paid?
Genie Energy pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Genie 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 Genie 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 Genie Energy dividend per share?
Genie Energy paid $0.225 per share in 2024 and $0.3 per share in 2023. The amount of dividend per share that Genie 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 Genie 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 Genie 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 Genie Energy a dividend stock?
Yes, Genie Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Genie Energy a good dividend stock?
Whether Genie 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. Genie Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Genie 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 Genie Energy pay dividends monthly?
Genie Energy typically pays dividends on a quarterly basis.
Does Genie Energy pay dividends quarterly?
Genie Energy currently pays dividends on a quarterly basis.
Has Genie Energy ever paid a dividend?
Yes, Genie Energy has a history of paying dividends to its shareholders. Genie Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Genie Energy dividend stocks?
To buy Genie 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 Genie 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 Genie Energy pay dividends 2024?
Genie Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-22. 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 Genie Energy increase its dividend in 2024?
Decisions regarding Genie 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 Genie Energy dividend overview you can look into the above table of dividend history.
How Genie Energy dividend works?
The Genie 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 Genie Energy's dividend process works:

1. Determination of Dividend: Genie 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, Genie 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, Genie 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 Genie 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 Genie Energy dividends paid?
Genie Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Genie 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, Genie 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: Genie 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 Genie Energy pay dividends?
Genie 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 Genie Energy pay dividends?
The general pattern is that Genie Energy pays dividends around February, May, August, 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 Genie Energy dividend safe?
The safety of Genie 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 Genie 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 Genie 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.