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Genesis Energy LP Stock Dividends Overview

GEL pays dividends quarterly. Last paid amount was $0.150 at Feb 14, 2024. As of today, dividend yield (TTM) is 5.47%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 5.47%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.150
Next Ex-Dividend Date Apr 29, 2024
Next Payment Date May 15, 2024

GEL Dividend Payout History

To ensure a understanding of GEL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 11, 2024 Apr 29, 2024 May 15, 2024 $0.150 1.22%
2 Jan 10, 2024 Jan 30, 2024 Feb 14, 2024 $0.150 1.37%
3 Oct 11, 2023 Oct 30, 2023 Nov 14, 2023 $0.150 1.28%
4 Jul 12, 2023 Jul 28, 2023 Aug 14, 2023 $0.150 1.60%
5 Apr 11, 2023 Apr 27, 2023 May 15, 2023 $0.150 1.44%
6 Jan 11, 2023 Jan 30, 2023 Feb 14, 2023 $0.150 1.27%
7 Oct 10, 2022 Oct 28, 2022 Nov 14, 2022 $0.150 1.36%
8 Jul 13, 2022 Jul 28, 2022 Aug 12, 2022 $0.150 1.44%
9 Apr 07, 2022 Apr 28, 2022 May 13, 2022 $0.150 1.43%
10 Jan 13, 2022 Jan 28, 2022 Feb 14, 2022 $0.150 1.30%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (58.23%)

Growth potential

Stable (18.58%)

GEL Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GEL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GEL stock here.

Comparing GEL to Sector and Country

GEL pays a solid dividend yield of 5.47%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.45%). GEL’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.10%), which means that there are more attractive dividend stocks to consider.

GEL Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
GEL
Genesis Energy LP 1.5B $0.150 5.47% 131.53%
VET
Vermilion Energy 1.891B $0.0889 2.42% -26.13%
Scorpio Tankers 3.797B $0.400 2.17% 10.54%
RES
RPC Inc 1.419B $0.0400 2.11% 22.84%

FAQ

What factors can affect the amount of GEL's dividend payments?
The amount of GEL's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GEL sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GEL stock be automatically reinvested?
If GEL offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GEL stock.

How often does GEL pay dividend?
Genesis Energy LP (GEL) pays dividends quarterly. The most recent payout was on Feb 14, 2024. The upcoming dividend Ex Date is Apr 29, 2024, with an amount of $0.150.

How much does GEL pays per share?
The last recorder (Jan 30, 2024) dividend per share was $0.150.

What is GEL dividend growth rate?
Over the last year, Genesis Energy LP has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Genesis Energy LP has maintained an average Dividends Per Share Growth Rate of -22.88%.
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About Genesis Energy LP

Genesis Energy LP Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company's Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deepwater pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico. This segment owns interests in approximately 1,422 miles of crude oil pipelines located offshore in th... GEL Profile

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