Genie Energy Ltd Dividends
The next dividend date for Genie Energy Ltd has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Genie Energy Ltd (GNE)
More About Genie Energy Ltd
Genie Energy Ltd., through its subsidiaries, provides energy services in the United States and internationally. It operates in two segments, Genie Retail Energy and Genie Renewables. The company resells electricity and natural gas to residential and small business customers in the Eastern and Midwestern United States and Texas; and develops, constructs, and operates utility-scale solar energy projects. It also distributes solar panels; offers energy procurement and advisory services to industrial, commercial, and municipal customers; and markets solar and alternative products and services. The company was incorporated in 2011 and is headquartered in Newark, New Jersey.
Owning Genie Energy Ltd Stock on the Dividend Date
If you own Genie Energy Ltd stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Genie Energy Ltd stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Genie Energy Ltd stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Genie Energy Ltd stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Genie Energy Ltd dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Genie Energy Ltd Dividends
You can contact us any time if you would like to ask questions about Genie Energy Ltd dividends or anything else related to the stock market.