As of today (2024-04-26), the Trailing Annual Dividend Yield of Genesis Energy is 6.69%.
The historical rank and industry rank for Genesis Energy's Dividend Yield % or its related term are showing as below:
NZSE:GNE'
s Dividend Yield % Range Over the Past 10 Years
Min: 4.36 Med: 6.52 Max: 8.57
Current: 6.69
During the past 10 years, the highest Dividend Yield of Genesis Energy was 8.57%. The lowest was 4.36%. And the median was 6.52%.
NZSE:GNE's Dividend Yield % is ranked better than 76.73% of 245
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.96
vs NZSE:GNE: 6.69
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Genesis Energy Ltd is 2.10, which seems too high.
During the past 10 years, the highest Dividend Payout Ratio of Genesis Energy was 8.35. The lowest was 0.81. And the median was 1.36.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Genesis Energy was 6.80% per year. The lowest was 0.80% per year. And the median was 1.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Genesis Energy Dividend Yield % Historical Data
The historical data trend for Genesis Energy's Dividend Yield % can be seen below:
* 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.
Competitive Comparison of Genesis Energy's Dividend Yield %
For the Utilities - Independent Power Producers subindustry, Genesis Energy's Dividend Yield %, along with its competitors' market caps and 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.
Genesis Energy's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Genesis Energy's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Genesis Energy's Dividend Yield % falls into.
Genesis Energy Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Genesis Energy Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NZD 0.070
2024-03-20
2024-03-21
2024-04-10
Cash Dividend
semi-annually
NZD:NZD 1.000000
NZD 0.088
2023-09-21
2023-09-22
2023-10-06
Cash Dividend
semi-annually
NZD:NZD 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.
Genesis Energy's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.158
/
2.315
=
6.83 %
Current Share Price is NZ$2.315. Genesis Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.158.
Genesis Energy's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.14
/
2.315
=
6.05 %
Current Share Price is NZ$2.315. Genesis Energy's Dividends per Share for the forward twelve months is calculated as NZ$0.07 * 2 = NZ$0.14.
* 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.
Genesis Energy (NZSE:GNE) 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.
Thank you for viewing the detailed overview of Genesis Energy's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.
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