Genesis Energy, L.P.
GELEnergy · Stock · quarterly payer
Forward Yield
5.05%
Annual Dividend
$0.80
Payout Ratio
329%
5-Yr Growth
1.9%
Ex-Date
Jul 31, 2026
Frequency
Quarterly
Summary
As of September 2026, Genesis Energy, L.P. (GEL) yields 5.05% ($0.80 per share annually), with a blended fair-value estimate of $11.85 — -25% downside, so it screens as overvalued. Dividend safety grade: C (59/100). 2 years of dividend growth.
Is GEL a good dividend stock?
Yes, with caveatsGenesis Energy, L.P. (GEL) pays a quarterly dividend yielding 5.05% ($0.80/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- 59% total price return over 5 years
Risks
- Cut its dividend in 2020
- Elevated payout ratio (329%)
Key Data
- Dividend Yield
- 5.05%
- Payout Ratio
- 329%
- Annual Dividend
- $0.80
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- Jul 31, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.65
- Market Cap
- $1.9B
- P/E Ratio
- 75.5
- 5-Yr Total Return
- 59%
- 52-Week Range
- $13.75 – $18.64
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
GEL Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+54%
5 Years
+59%
52-Week Range
$13.75 – $18.64
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GEL worth?
Overvaluedlow confidenceOur blended fair-value estimate for Genesis Energy, L.P. is $11.85 per share, versus a market price of $15.85. That implies 25% of downside.
Fair Value
$11.85
Current Price
$15.85
Downside
-25%
Margin of Safety
-34%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.6% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.21 EPS, $0.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GEL Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 31, 2026 | — | $0.2000 | regular |
| Apr 30, 2026 | — | $0.1800 | regular |
| Jan 30, 2026 | — | $0.1800 | regular |
| Oct 31, 2025 | — | $0.1650 | regular |
| Jul 31, 2025 | — | $0.1650 | regular |
| Apr 30, 2025 | — | $0.1650 | regular |
| Jan 31, 2025 | — | $0.1650 | regular |
| Oct 31, 2024 | — | $0.1650 | regular |
| Jul 31, 2024 | — | $0.1500 | regular |
| Apr 29, 2024 | — | $0.1500 | regular |
| Jan 30, 2024 | — | $0.1500 | regular |
| Oct 30, 2023 | — | $0.1500 | regular |
| Jul 28, 2023 | — | $0.1500 | regular |
| Apr 27, 2023 | — | $0.1500 | regular |
Income Calculator
At $0.80 / yr per share
