Ex-Div Reminder for Genie Energy (GNE)

Looking at the universe of stocks we cover at Dividend Channel, on 11/10/17, Genie Energy Ltd. (GNE) will trade ex-dividend, for its quarterly dividend of $0.075, payable on 11/17/17. As a percentage of GNE's recent stock price of $5.75, this dividend works out to approximately 1.30%, so look for shares of Genie Energy Ltd. to trade 1.30% lower — all else being equal — when GNE shares open for trading on 11/10/17.

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Below is a dividend history chart for GNE, showing historical dividends prior to the most recent $0.075 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 5.22% 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 $5.02 per share, with $8.31 as the 52 week high point — that compares with a last trade of $5.75.

According to the ETF Finder at ETF Channel, GNE makes up 1.78% of the Guggenheim S&P High Income Infrastructure ETF ( GHII) which is trading relatively unchanged on the day Wednesday.

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 Wednesday trading, Genie Energy Ltd. shares are currently up about 2.7% on the day.

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