Genie Energy Ltd. (NYSE:GNE) Announces Quarterly Dividend of $0.08

Posted by Bonnie Powley on May 15th, 2026

Genie Energy Ltd. (NYSE:GNE – Get Free Report) declared a quarterly dividend on Thursday, May 14th. Stockholders of record on Friday, May 22nd will be given a dividend of 0.075 per share by the oil and gas producer on Tuesday, June 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, May 22nd.

Genie Energy has decreased its dividend payment by an average of 0.0%per year over the last three years.

Genie Energy Price Performance

NYSE:GNE opened at $13.12 on Friday. The company has a 50-day moving average of $14.04 and a 200-day moving average of $14.22. The company has a market capitalization of $346.34 million, a price-to-earnings ratio of 16.40 and a beta of 0.20. Genie Energy has a 52 week low of $12.69 and a 52 week high of $28.47. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.38.

Genie Energy (NYSE:GNE – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The oil and gas producer reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). The business had revenue of $121.60 million for the quarter, compared to the consensus estimate of $123.83 million. Genie Energy had a return on equity of 14.46% and a net margin of 4.78%.

About Genie Energy

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Genie Energy Ltd. (NYSE: GNE) is a diversified energy holding company that operates through two primary segments: upstream oil and natural gas exploration and retail energy supply. Its exploration arm, Genie Energy E&P, pursues development of oil shale resources and conventional hydrocarbon deposits, holding licenses for projects in regions such as Israel’s Shefela basin and Jordan’s oil shale formations. The division also explores select opportunities in North America, leveraging technical partnerships to advance resource evaluation and pilot production programs.

Genie Retail Energy provides electricity and natural gas to residential and small commercial customers under regulated and deregulated frameworks.