Genie Energy Ltd. Class B Stock (GNE) Dividends

Genie Energy Ltd. Class B Stock (GNE): $15.35

0.04 (+0.26%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

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Industry: Utilities - Domestic

Industry

F

Ranked

#3 of 62

in industry

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 Ex-Dividend Date
GNE Dividend Yield
1.93%
GNE Annual Dividend
$0.30
GNE Payout Ratio

GNE Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$15.35$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
2024-05-17Dividend$0.08--
2024-02-16Dividend$0.08--
2023-11-10Dividend$0.08--
2023-08-11Dividend$0.08--
2023-05-18Dividend$0.08--
2023-02-17Dividend$0.08--
2022-11-11Dividend$0.08--
2022-11-10Dividend$0.08--
2022-08-17Dividend$0.08--
2022-05-19Dividend$0.08--
2022-02-18Dividend$0.08-11.76%
2020-12-03Dividend$0.09--
2020-08-17Dividend$0.09--
2020-05-18Dividend$0.09+13.33%
2020-03-23Dividend$0.08--
2019-11-15Dividend$0.08--
2019-08-15Dividend$0.08--
2019-05-17Dividend$0.08--
2019-03-22Dividend$0.08--
2018-11-16Dividend$0.08--
2018-08-14Dividend$0.08--
2018-05-14Dividend$0.08--
2018-03-16Dividend$0.08--
2017-11-10Dividend$0.08--
2017-08-11Dividend$0.08--
2017-05-11Dividend$0.08--
2017-03-16Dividend$0.08+25.00%
2016-11-17Dividend$0.06--
2016-08-15Dividend$0.06--
2016-05-12Dividend$0.06--
2016-02-03Dividend$0.06--
2015-05-13Dividend$0.06--
2015-03-19Dividend$0.06--
2014-11-20Dividend$0.06+20.00%
2012-08-16Dividend$0.05--
2012-05-17Dividend$0.05+51.52%
2012-03-22Dividend$0.03-34.00%
2011-12-20Dividend$0.05--


GNE Dividends vs. Peers

GNE's dividend yield currently ranks #68 of 83 vs. its peers in the Utilities - Domestic category.
Rank Symbol Name Dividend Yield
1 NJR NewJersey Resources Corporation 0.00%
2 AGR Avangrid Inc. 0.00%
3 NRGV Energy Vault Holdings, Inc. 0.00%
4 GXP Great Plains Energy Incorporated 0.00%
5 VST Vistra Energy Corp. 0.00%
6 VVC Vectren Corporation 0.00%
7 FE FirstEnergy Corp. 0.00%
8 FLNC Fluence Energy, Inc. 0.00%
9 TERP TerraForm Power, Inc. - New 0.00%
10 SCG SCANA Corporation 0.00%
11 AMPS Altus Power, Inc. 0.00%
12 HE Hawaiian Electric Industries, Inc. 0.00%
13 PNM PNM Resources, Inc. (Holding Co.) 0.00%
14 PNW Pinnacle West Capital Corp. 0.00%
15 WEC WEC Energy Group Inc. 0.00%
16 POR Portland General Electric Co 0.00%
17 PPL PPL Corporation 0.00%
18 HTM U.S. Geothermal Inc. 0.00%
19 NRG NRG Energy Inc. 0.00%
20 DTE DTE Energy Co. 0.00%
21 WGL WGL Holdings Inc 0.00%
22 ALE Allete, Inc. 0.00%
23 DUK Duke Energy Corp. 0.00%
24 FNEC First National Energy Corp. 0.00%
25 CMS CMS Energy Corp. 0.00%
26 SJI South Jersey Industries, Inc. 0.00%
27 BKH Black Hills Corporation 0.00%
28 EVRG Evergy Inc. 0.00%
29 CNP CenterPoint Energy Inc. 0.00%
30 CAFD 8point3 Energy Partners LP - Shares 0.00%
31 SMR NuScale Power Corporation 0.00%
32 WR Westar Energy, Inc. 0.00%
33 NWE NorthWestern Corporation 0.00%
34 NWN Northwest Natural Holding Company 0.00%
35 ED Consolidated Edison Inc. 0.00%
36 EE Excelerate Energy, Inc. 0.00%
37 CWEN Clearway Energy Inc. Cl C 0.00%
38 SO Southern Co. 0.00%
39 ARIS Aris Water Solutions Inc. 0.00%
40 CPK Chesapeake Utilities Corporation 0.00%
41 CPN Calpine Corporation 0.00%
42 XEL Xcel Energy Inc. 0.00%
43 EIX Edison International 0.00%
44 MGEE MGE Energy Inc. 0.00%
45 SRE Sempra 0.00%
46 BIPC Brookfield Infrastructure Corp. Cl A 0.00%
47 OGE OGE Energy Corp 0.00%
48 OGS ONE Gas, Inc. 0.00%
49 OKE ONEOK Inc. 0.00%
50 SPKE Spark Energy, Inc. - 0.00%
51 EGAS Gas Natural Inc. (OH) 0.00%
52 OTTR Otter Tail Corporation 0.00%
53 IDA IDACORP, Inc. 0.00%
54 SR Spire Inc. 0.00%
55 UGI UGI Corporation 0.00%
56 AT Atlantic Power Corporation Ordinary Shares (Canada) 0.00%
57 RGCO RGC Resources Inc. 0.00%
58 OEG Orbital Energy Group, Inc. 0.00%
59 ATO Atmos Energy Corp. 0.00%
60 BEPC Brookfield Renewable Corporation 0.00%
61 GLBL TerraForm Global, Inc. - 0.00%
62 LNT Alliant Energy Corp. 0.00%
63 AVA Avista Corporation 0.00%
64 LFG Archaea Energy Inc. 0.00%
65 AY Atlantica Yield plc - Ordinary Shares 0.00%
66 ES Eversource Energy 0.00%
67 PCG Pacific Gas & Electric Co. 0.00%
68 GNE Genie Energy Ltd. Class B Stock 0.00%
69 UTL UNITIL Corporation 0.00%
70 D Dominion Energy Inc. 0.00%
71 PEGI Pattern Energy Group Inc. - 0.00%
72 VIA Via Renewables Inc. 0.00%
73 ETR Entergy Corp. 0.00%
74 SWX Southwest Gas Holdings, Inc. 0.00%
75 HLGN Heliogen, Inc. 0.00%
76 NEE NextEra Energy Inc. 0.00%
77 PEG Public Service Enterprise Group Inc. 0.00%
78 AEE Ameren Corp. 0.00%
79 EXC Exelon Corp. 0.00%
80 AEP American Electric Power Co. Inc. 0.00%
81 NI NiSource Inc. 0.00%
82 AES AES Corp. 0.00%
83 CEG Constellation Energy Corp. 0.00%

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

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