Genie Energy (Genie Energy) Forward Dividend Yield % : 13.80% (As of Apr. 28, 2024)

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What is Genie Energy Forward Dividend Yield %?

As of today (2024-04-28), the Forward Annual Dividend Yield of Genie Energy is 13.80%.

As of today (2024-04-28), the Trailing Annual Dividend Yield of Genie Energy is 13.80%.

GNEpA.PFD's Forward Dividend Yield % is ranked worse than
79.11% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.125 vs GNEpA.PFD: 13.80

Genie Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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 (NYSE:GNEpA.PFD) 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

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Genie Energy (Genie Energy) Business Description

Industry

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

Comparable Companies

VIA SUME HE MGEE NEE SO DUK LSE:NG. PCG AEP EXC D XEL ED PEG BOM:532555 WEC EIX BOM:532898 FE

Traded in Other Exchanges

GNE:USA 6GE:Germany

Address

520 Broad Street, Newark, NJ, USA, 07102

Website

https://www.genie.com

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.