Genesis Energy (NZSE:GNE) Dividend Payout Ratio : 2.44 (As of Dec. 2023)

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What is Genesis Energy Dividend Payout Ratio?

Genesis Energy's dividend payout ratio for the months ended in Dec. 2023 was 2.44.

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 Ltd is 2.10, which seems too high.

The historical rank and industry rank for Genesis Energy's Dividend Payout Ratio or its related term are showing as below:

NZSE:GNE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.81 Med: 1.36 Max: 8.35
Current: 2.1

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.

NZSE:GNE's Dividend Payout Ratio is ranked worse than
91.75% of 194 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.385 vs NZSE:GNE: 2.10

As of today (2024-05-11), the Dividend Yield % of Genesis Energy is 7.10%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Genesis Energy was 8.57%. The lowest was 4.36%. And the median was 6.52%.

Genesis Energy's Dividends per Share for the months ended in Dec. 2023 was NZ$0.09.

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 Payout Ratio Historical Data

The historical data trend for Genesis Energy's Dividend Payout Ratio 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.

* Premium members only.

Genesis Energy Dividend Payout Ratio Chart

Genesis Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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2.71

3.64

5.41

0.81

0.94

Genesis Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.06	0.66	0.64	1.83	2.44

Competitive Comparison of Genesis Energy's Dividend Payout Ratio

For the Utilities - Independent Power Producers subindustry, Genesis Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Genesis Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Genesis Energy's Dividend Payout Ratio falls into.

Genesis Energy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Genesis Energy's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.177	/	0.188
	=	0.94

Genesis Energy'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 )
	=	0.088	/	0.036
	=	2.44

Genesis Energy (NZSE:GNE) Dividend Payout Ratio Explanation

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.

Genesis Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Genesis Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Genesis Energy (NZSE:GNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Genesis Energy Ltd (NZSE:GNE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

1G6:Germany GNE:Australia

Address

155 Fanshawe Street, Genesis Energy Level 6, Wynyard Quarter, Auckland, NZL, 1010

Website

https://www.genesisenergy.co.nz

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.