GNE News: Genesis Energy (NZSE:GNE) Will Pay A Dividend Of NZ$0.0824 - 25th Aug 2024, 7:00am

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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
 
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