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Genesis Energy Ltd. Dividend History.

Genesis Energy dividends

See our policy and approach for making dividend payments. And find out when we intend to make them each year.

You can find the terms and amounts of any dividends we pay to our shareholders below.

Dividend Reinvestment Plan

Genesis has established the Genesis Dividend Reinvestment Plan (“Plan”), offering you the opportunity to reinvest the net proceeds of your dividends on some or all of your existing Genesis shares in additional, fully paid Genesis Shares.

By participating in the Plan, you can increase your investment in Genesis without incurring brokerage charges. The price of the shares issued under the Plan will be based on an average market price prior to the date of issue less a discount of 2.5%.

Details of the plan, including how to participate, are available below:

Offer Document – Dividend Reinvestment Plan – Feb 2018

Participation Form – Dividend Reinvestment Plan – Feb 2018


Our dividend policy

Dividends and other distributions with respect to Genesis Shares are made only at the discretion of the board of Genesis. The payment of dividends is not guaranteed and Genesis Energy`s dividend policy may change.
The board`s decisions in relation to the level of reserves and retentions may affect any dividends or distributions you receive from the shares.

In determining dividends payable to shareholders, Genesis will comply with the solvency test specified in the Companies Act.

Under ordinary business circumstances, the dividend to be declared is determined by reference to Genesis Energy`s:

  • working capital requirements;

  • medium-term fixed asset expenditure programme;

  • investment in new business opportunities; and

  • risk profile, taking into account the sustainable financial structure for the business and considering predictions of short and medium-term economic and market conditions.

Subject to the above circumstances that, from year to year, may affect the quantum of dividend paid, it is Genesis Energy`s intention to pay a dividend that provides Shareholders with a consistent, reliable and attractive dividend even in periods of business-cycle downturn. It is intended that, year on year, the dollar amount of ordinary dividend payments will be at least maintained in real terms.

Genesis intends to pay dividends semi-annually, typically in April and October each year.

Dividend payments

Our intention is for the amount of the dividend payments to be split 50:50 between interim and final dividends.

Here`s a summary of what we intend to pay and when we intend to pay it:   

DividendRecord DatePayment DateAmount
2016 Final Dividend30 September 201614 October 20168.2 cents per share
2017 Interim Dividend30 March 201713 April 20178.2 cents per share
2017 Final Dividend29 September 201713 October 20178.4 cents per share
2018 Interim Dividend06 April 201820 April 20188.3 cents per share
2018 Final Dividend05 October 201819 October 20188.6 cents per share
2019 Interim Dividend04 April 201918 April 20198.45 cents per share
2019 Final Dividend17 October 201931 October 20198.6 cents per share
2020 Interim Dividend18 March 20201 April 20208.525 cents per share

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