GNE.NZ

Genesis Energy Limited (GNE.NZ) is a prominent player on the New Zealand Stock Exchange, known for providing consistent dividend income. As of the latest data, Genesis Energy offers a dividend yield of approximately 5.5%, with the 5-year range fluctuating between 4.5% and 6.5%. The company pays dividends semi-annually, showcasing a stable payout history that appeals to income-focused investors, particularly retirees seeking reliable yield. The payout ratio stands at around 80%, indicating a sustainable dividend policy supported by the company's steady cash flow. Recently, Genesis Energy has maintained its dividend levels, reflecting confidence in its financial health despite market fluctuations. Compared to sector averages, Genesis Energy's yield is competitive, aligning well with income investor expectations. For those prioritizing dividend income, Genesis Energy Limited presents a compelling option. With its consistent dividends and solid yield, is Genesis Energy Limited worth holding for dividend income in 2025?