Genie Energy About To Put More Money In Your Pocket (GNE)

Looking at the universe of stocks we cover at Dividend Channel, on 8/15/16, Genie Energy Ltd. (GNE) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 8/26/16. As a percentage of GNE's recent stock price of $6.62, this dividend works out to approximately 0.91%, so look for shares of Genie Energy Ltd. to trade 0.91% lower — all else being equal — when GNE shares open for trading on 8/15/16.

START SLIDESHOW:
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Below is a dividend history chart for GNE, showing historical dividends prior to the most recent $0.06 declared by Genie Energy Ltd.:

GNE+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GNE is likely to continue, and whether the current estimated yield of 3.63% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GNE shares, versus its 200 day moving average:

Genie Energy Ltd. 200 Day Moving Average Chart

Looking at the chart above, GNE's low point in its 52 week range is $5.98 per share, with $14.97 as the 52 week high point — that compares with a last trade of $6.62.

According to Preferred Stock Channel, there is a series of preferred stock that is senior to GNE, which trades under the symbol GNE.PRA — more info ».

In Thursday trading, Genie Energy Ltd. shares are currently trading flat on the day.

More from Stocks

Judge Cuts Jury Award against Bayer's Roundup to $78.5 Million

Judge Cuts Jury Award against Bayer's Roundup to $78.5 Million

Market of the Week: E-mini S&P 500

Market of the Week: E-mini S&P 500

Why Salesforce.com Is One of Jim Cramer's 10 Best Stocks for a Market Pullback

Why Salesforce.com Is One of Jim Cramer's 10 Best Stocks for a Market Pullback

Dow Trades Lower After Momentum From China Rally Fades, Nasdaq Rises

Dow Trades Lower After Momentum From China Rally Fades, Nasdaq Rises

How I'd Play the S&P 500 Right Now

How I'd Play the S&P 500 Right Now