Published on 11 May 2024 on Simply Wall St. via Yahoo Finance
The board of Genie Energy Ltd. (NYSE:GNE) has announced that it will pay a dividend on the 31st of May, with investors receiving $0.075 per share. Including this payment, the dividend yield on the stock will be 2.0%, which is a modest boost for shareholders' returns.
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Genie Energy Doesn't Earn Enough To Cover Its Payments