Genie Energy Ltd. Class B Stock (GNE) Dividends
Dividend Yield and Dividend History Highlights
- Regarding free cash flow variation: GNE reports less variability in its cash flow than 9.82% of dividend stocks in our set.
- Free cash flow for GNE has a compound average growth rate of 51.15%, which is higher than 88.63% of stocks in our dividend set.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with GNE that may be suitable potential portfolio mates: FEDU, WPM, AAON, WDFC and TMO.
GNE Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $15.90 | $3.28 | -50.81% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Genie Energy Ltd, the DDM model, as implemented by StockNews, implies a negative return of 50.81% relative to its current price. Digging deeper, the aspects of Genie Energy Ltd's dividend discount model that we found most interesting were:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Utilities sector, the expected return of -50.81%, based on the stock's current share price and target price based on a dividend discount model, is greater than 2.74% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, GNE has a discount rate lower than 2.74% of them (a lower discount rate is associated with lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, Genie Energy Ltd has been increasing its dividends at a faster rate than 5.14% of US-listed dividend-issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Utilities sector, GNE's equity discount rate is less than 8.22% of those stocks.
GNE Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-16 | Dividend | $0.08 | -- |
| 2023-11-10 | Dividend | $0.08 | -- |
| 2023-08-11 | Dividend | $0.08 | -- |
| 2023-05-18 | Dividend | $0.08 | -- |
| 2023-02-17 | Dividend | $0.08 | -- |
| 2022-11-11 | Dividend | $0.08 | -- |
| 2022-11-10 | Dividend | $0.08 | -- |
| 2022-08-17 | Dividend | $0.08 | -- |
| 2022-05-19 | Dividend | $0.08 | -- |
| 2022-02-18 | Dividend | $0.08 | -11.76% |
| 2020-12-03 | Dividend | $0.09 | -- |
| 2020-08-17 | Dividend | $0.09 | -- |
| 2020-05-18 | Dividend | $0.09 | +13.33% |
| 2020-03-23 | Dividend | $0.08 | -- |
| 2019-11-15 | Dividend | $0.08 | -- |
| 2019-08-15 | Dividend | $0.08 | -- |
| 2019-05-17 | Dividend | $0.08 | -- |
| 2019-03-22 | Dividend | $0.08 | -- |
| 2018-11-16 | Dividend | $0.08 | -- |
| 2018-08-14 | Dividend | $0.08 | -- |
| 2018-05-14 | Dividend | $0.08 | -- |
| 2018-03-16 | Dividend | $0.08 | -- |
| 2017-11-10 | Dividend | $0.08 | -- |
| 2017-08-11 | Dividend | $0.08 | -- |
| 2017-05-11 | Dividend | $0.08 | -- |
| 2017-03-16 | Dividend | $0.08 | +25.00% |
| 2016-11-17 | Dividend | $0.06 | -- |
| 2016-08-15 | Dividend | $0.06 | -- |
| 2016-05-12 | Dividend | $0.06 | -- |
| 2016-02-03 | Dividend | $0.06 | -- |
| 2015-05-13 | Dividend | $0.06 | -- |
| 2015-03-19 | Dividend | $0.06 | -- |
| 2014-11-20 | Dividend | $0.06 | +20.00% |
| 2012-08-16 | Dividend | $0.05 | -- |
| 2012-05-17 | Dividend | $0.05 | +51.52% |
| 2012-03-22 | Dividend | $0.03 | -34.00% |
| 2011-12-20 | Dividend | $0.05 | -- |
GNE Dividends vs. Peers
GNE's dividend yield currently ranks #68 of 83 vs. its peers in the Utilities - Domestic category.
Looking for More Information on GNE dividends?
Want to see what other sources are saying about Genie Energy Ltd's dividends? Try the links below:Genie Energy Ltd Common Stock (GNE) Dividend History | Nasdaq
Dividend History for Genie Energy Ltd (GNE) - Dividend Investor
Genie Energy Ltd (GNE) Dividend History - Seeking Alpha