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Genesis Energy LP (Genesis Energy LP) 3-Year Dividend Growth Rate

: -15.70% (As of Dec. 2023)
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Genesis Energy LP's Dividends per Share for the three months ended in Dec. 2023 was $0.15.

The historical rank and industry rank for Genesis Energy LP's 3-Year Dividend Growth Rate or its related term are showing as below:

GEL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -57.8   Med: 8.25   Max: 70.2
Current: -15.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Genesis Energy LP was 70.20% per year. The lowest was -57.80% per year. And the median was 8.25% per year.

GEL's 3-Year Dividend Growth Rate is ranked worse than
92.46% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs GEL: -15.70

During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -26.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -14.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Genesis Energy LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Genesis Energy LP's Dividend Yield % is 5.07%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Genesis Energy LP is 2.73, which seems too high.

Warning Sign:

Genesis Energy LP stock dividend yield is close to 2-year low.

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


Competitive Comparison

For the Oil & Gas Midstream subindustry, Genesis Energy LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 LP 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Genesis Energy LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Genesis Energy LP's 3-Year Dividend Growth Rate falls into.



Genesis Energy LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Genesis Energy LP  (NYSE:GEL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Genesis Energy LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.15/ -0.08
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Genesis Energy LP was 12.22. The lowest was 0.60. And the median was 2.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Genesis Energy LP is 2.73, which seems too high.

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

Genesis Energy LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1502024-01-302024-01-312024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-10-302023-10-312023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-07-282023-07-312023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-04-272023-04-282023-05-15Cash 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.

Genesis Energy LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.6/11.80
=5.08 %

Current Share Price is $11.80.
Genesis Energy LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

During the past 13 years, the highest Dividend Yield of Genesis Energy LP was 70.74%. The lowest was 3.47%. And the median was 6.65%.

Warning Sign:

Genesis Energy LP stock dividend yield is close to 2-year low.

* 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 LP 3-Year Dividend Growth Rate Related Terms>


Genesis Energy LP (Genesis Energy LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
811 Louisiana, Suite 1200, Houston, TX, USA, 77002
Genesis Energy LP is an us-based limited partnership that focuses on the midstream segment of the crude oil and natural gas industry. It engages in providing services to crude oil and natural gas producers, and industrial and commercial enterprises. The company's reportable segments are offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation, and marine transportation. It generates maximum revenue from the offshore pipeline transportation segment. The Sodium minerals and sulfur services segment includes trona and trona-based exploring, mining, processing, producing, marketing, and selling activities, as well as processing high sulfur gas streams for refineries to remove the sulfur, and selling the related by-product.
Executives
Jeffrey J Rasmussen officer: VP & GM - Refinery Services 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
Edward T Flynn officer: President, Genesis Alkali, LLC 1735 MARKET STREET, PHILADELPHIA PA 19103
Ryan S Sims officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
William W Rainsberger officer: SVP - Offshore 919 MILAM SUITE 2100, HOUSTON TX 77002
Scott A Sims officer: VP - Offshore 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
Louis V Nicol officer: SVP & Chief Accounting Officer 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
James E Davison director 2000 FARMERVILLE HIGHWAY, RUSTON LA 71270
Grant E Sims director, officer: Chief Executive Officer 919 MILAM SUITE 2100, HOUSTON TX 77002
Garland G Gaspard officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
William Stanton Goloway officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
Albert Conrad P director 919 MILAM SUITE 2100, HOUSTON TX 77002
Kristen O Jesulaitis officer: General Counsel & Secretary 919 MILAM SUITE 2100, HOUSTON TX 77002
Davison James E. Jr. director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Richard R Alexander officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202