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The board of Genesis Energy Limited (NZSE:GNE) has announced that it will pay a dividend on the 11th of October, with investors receiving NZ$0.0824 per share. The dividend yield of 6.1% is still a nice boost to shareholder returns, despite the cut.
See our latest analysis for Genesis Energy
Genesis Energy Doesn't Earn Enough To Cover Its Payments
If the payments aren't sustainable, a high yield for a few years won't matter that much. Before making this announcement, Genesis Energy's dividend ...
>>> Read more: Genesis Energy (NZSE:GNE) Will Pay A Dividend Of NZ$0.0824
See our latest analysis for Genesis Energy
Genesis Energy Doesn't Earn Enough To Cover Its Payments
If the payments aren't sustainable, a high yield for a few years won't matter that much. Before making this announcement, Genesis Energy's dividend ...
>>> Read more: Genesis Energy (NZSE:GNE) Will Pay A Dividend Of NZ$0.0824