GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Genie Energy Ltd (NYSE:GNE) » Definitions » Forward Dividend Yield %

Genie Energy (Genie Energy) Forward Dividend Yield % : 1.96% (As of Apr. 26, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Genie Energy Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Genie Energy is 1.96%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Genie Energy is 1.96%.

GNE's Forward Dividend Yield % is ranked worse than
80% of 425 companies
in the Utilities - Regulated industry
Industry Median: 4.11 vs GNE: 1.96

Genie Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.08.

During the past 3 years, the average Dividends Per Share Growth Rate was -3.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Genie Energy was 71.00% per year. The lowest was -3.10% per year. And the median was 10.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Genie Energy's Forward Dividend Yield %

For the Utilities - Regulated Electric subindustry, Genie Energy's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genie Energy's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Genie Energy's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Genie Energy's Forward Dividend Yield % falls into.



Genie Energy Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Genie Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0752024-02-162024-02-202024-02-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0752023-11-102023-11-132023-11-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.0752023-08-112023-08-142023-08-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.0752023-05-182023-05-192023-05-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Genie Energy's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.3/15.51
=1.93 %

Current Share Price is $15.51.
Genie Energy's Dividends per Share for the forward twelve months is calculated as $0.075 * 4 = $0.3.

Genie Energy's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/15.51
=1.93 %

Current Share Price is $15.51.
Genie Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.3.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Genie Energy  (NYSE:GNE) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Genie Energy Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Genie Energy's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Genie Energy (Genie Energy) Business Description

Traded in Other Exchanges
Address
520 Broad Street, Newark, NJ, USA, 07102
Genie Energy, through its subsidiaries, operates primarily as a global retail energy provider. It operates two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management.
Executives
Alan B Rosenthal director C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
Joyce J Mason director IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Avi Goldin officer: CFO and Treasurer C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
James A Courter director IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas director, 10 percent owner, officer: Chairman of the Board
Michael C Jonas officer: Executive Vice President C/O GENIE ENERGY LTD., 550 BROAD STREET, NEWARK NJ 07102
Michael M Stein officer: Executive Vice President 550 BROAD STREET, 17TH FLOOR, NEWARK NJ 07102
Irwin Katsof director C/O CTM MEDIA HOLDINGS, INC., 11 LARGO DRIVE SOUTH, STAMFORD CT 06907
Claude Pupkin officer: CEO & President IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Ira A Greenstein officer: President IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Idt Corp 10 percent owner 520 BROAD STREET, NEWARK NJ 07102
William Wesley Perry director
Allan Sass director C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
Geoffrey Rochwarger officer: Vice Chairman IDT CORP, 520 BROAD STREET, NEWARK NJ 07102