Genesis Energy, L.P. (NYSE:GEL) to Issue Dividend Increase – $0.20 Per Share

Posted by Jeff Wilder on Jul 16th, 2026

Genesis Energy, L.P. (NYSE:GEL – Get Free Report) declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, July 31st will be given a dividend of 0.20 per share by the pipeline company on Friday, August 14th. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Friday, July 31st. This is a 11.1% increase from Genesis Energy’s previous quarterly dividend of $0.18.

Genesis Energy has decreased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years. Genesis Energy has a dividend payout ratio of 47.7% indicating that its dividend is sufficiently covered by earnings.

Genesis Energy Stock Performance

NYSE:GEL traded up $0.49 during trading hours on Thursday, reaching $14.92. The stock had a trading volume of 180,099 shares, compared to its average volume of 298,056. Genesis Energy has a 12-month low of $13.75 and a 12-month high of $18.64. The stock has a 50 day simple moving average of $15.13 and a 200 day simple moving average of $16.47. The stock has a market cap of $1.83 billion, a P/E ratio of -78.55 and a beta of 0.62. The company has a debt-to-equity ratio of 25.62, a quick ratio of 0.92 and a current ratio of 0.98.

Genesis Energy (NYSE:GEL – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The pipeline company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.22). Genesis Energy had a net margin of 2.11% and a return on equity of 23.65%. During the same quarter in the previous year, the firm posted ($4.06) EPS. Genesis Energy’s revenue was up 12.1% on a year-over-year basis.

Genesis Energy Company Profile

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Genesis Energy LP (NYSE: GEL) is a publicly traded master limited partnership headquartered in Houston, Texas, that owns and operates a diversified portfolio of energy infrastructure assets in the United States. The company’s primary focus is on the transportation, storage and delivery of refined petroleum products, serving major domestic markets across the Gulf Coast, Atlantic Seaboard and inland waterway systems.

Genesis Energy’s operations are organized into several key business segments.