Genesis Energy (GEL) has announced its dividend distribution timeline for 2025. The ex-dividend date is scheduled for Jul 31, 2025, while the dividend announcement was made on Jul 10, 2025. Shareholders can expect their dividends on Aug 14, 2025, with a payout of $0.165 per share. This amount is lower than the average dividend of $0.407 from the previous ten distributions. The dividend type for this period is cash dividends. Previously, on May 15, 2025, the company also issued a cash dividend of $0.165 per share.
Recently,
has been in the spotlight for several significant developments. As of late, RBC Capital maintained its "Outperform" rating for Genesis Energy, raising its price target from $15.00 to $18.00, suggesting a potential upside of 12.32%. Analysts indicated that this adjustment reflects confidence in Genesis Energy's market performance and strategic initiatives. Over the past week, Genesis Energy secured a multi-year agreement with
to supply drag-reducing agents for vital offshore operations. This collaboration is expected to enhance operational efficiency and bolster the company's position in the energy sector. Additionally, recent reports highlighted that Fractal Investments LLC has increased its stake in Genesis Energy, emphasizing investor confidence in the company’s financial health and growth prospects.
In conclusion, Genesis Energy is poised for strategic growth and market confidence, as evidenced by recent ratings upgrades and strategic partnerships. Investors should note that Jul 31, 2025, is the ex-dividend date, marking the final day to purchase shares and qualify for the upcoming dividend. Any acquisitions made post this date will not be eligible for the current dividend distribution.
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