Genie Energy

Dividends on Genie Energy (GNE) stocks are a part of the profit that shareholders receive from the company. In order to pay dividends to shareholders and investors, the company must receive a net profit, for further distriburing among shareholders or have free cash flow.

Besides, in order to pay you dividends, it is necessary that the Board of Directors recommends dividends and the closing date of the register. Then at the shareholders' meeting the amount of Genie Energy dividends and the date is approved by shareholders.

For receiving Genie Energy’s dividends it’s necessary to buy the stocks of the company (GNE) no more than 2 days before the closing of the register on 20.05.2024, since stock exchange trading takes place in the T+2 mode. Thus, the last date when you need to buy stocks to receive Genie Energy dividends will be 18.05.2024

For dividends you can track the date of the last day for purchasing Genie Energy stocks (GNE) in Dividend Calendar.

To receive Genie Energy (GNE) dividends, you must own stocks on the date of preparing the list of persons entitled to receive dividend or the so-called register date.

The register is a list of Genie Energy shareholders (GNE) with information on the number of stocks owned by the investor. Due to the fact that someone is constantly buying and selling company’s stocks on the stock exchange, it is necessary to fix the date of the register.

The closing date of the register for Genie Energy (GNE) dividends was set for 20.05.2024.

Due to the T+2 trading mode, for receiving Genie Energy’s dividends you must buy the stocks within at least two working days before the date, so that the last day to buy Genie Energy stocks is to be 18.05.2024.

See the event caledar and the dividend calendar, as well as upcoming Genie Energy events in order not to miss the dividends.

As a rule, investors receive dividends to a brokerage or bank account within the next 25 working days after the record date – 20.05.2024 at latest! Thus, Genie Energy’s dividends should arrive no later than 0.075sDate.

Remember that after the cut-off date, Genie Energy’s stocks usually decrease by the amount of the dividend paid per share. When the company is doing well and the market is positive, Genie Energy’s dividend gap may be less than the dividend.

By the law, Genie Energy is obliged to pay within the next 25 working days from the date of the 20.05.2024. Thus, the deadline for dividend payment on Genie Energy stocks can be considered as 0.075sDate, but the company usually pays earlier than 25 working days.

For receiving Genie Energy’s dividends, it is enough to buy or to own 1 share. If you buy 100 Genie Energy’s stocks, you will receive dividends in the amount of 7.5 $ for it. Last time, the board of directors recommended to pay 0.075 $ per share.

According to the last recommendations of Genie Energy’s board of directors, you will receive 0.075 $ as dividend payment.

The history of Genie Energy’s dividend payment is reflected in the Genie Energy’s card in the tab Dividends.

The dividend yield of Genie Energy’s stocks is the ratio of the dividend amount per share to the current market price, and is expressed as a percentage. Thus, the recommended dividend is 0.075 $, that means that your current dividend yield on Genie Energy’s stocks is 0.49%.

It is important to remember that a high dividend yield is not a reason to buy Genie Energy stocks! Therefore, before making an investment decision, we recommend to analyze the dynamics of financial indicators and Genie Energy’s multipliers. You should also compare rivals, as you may find a much more profitable investment idea.

Lately Genie Energy has been paying dividends 4 time a year. See the history of Genie Energy’s dividends in order to check and verify the frequency of dividend payments as Genie Energy’s dividend policy may change or the company may pay special dividends. The more often a company pays dividends, the more stable the investor's cash flow is.

All information and dividend data for Genie Energy stocks you may see on a given page above.