Genesis Energy, L.P.

GEL

Energy · Oil & Gas Midstream · Stock · quarterly payer

$14.24

Fairly valued · -1% Add to Portfolio

Forward Yield

5.62%

Annual Dividend

$0.80

Payout Ratio

345%

5-Yr Growth

1.9%

Ex-Date

Oct 30, 2026

Frequency

Quarterly

Key facts about GEL's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, Genesis Energy, L.P. (GEL) has a forward dividend yield of 5.62%, based on an annual dividend of $0.80 per share and a share price of $14.24.
As of Oct 18, 2026, GEL's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
By SmarterDividends' count, Genesis Energy, L.P. (GEL) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
GEL last cut its regular dividend in 2020.
GEL's next ex-dividend date is Oct 30, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
As of Oct 18, 2026, GEL pays out 345% of its trailing 12-month earnings as dividends (its payout ratio).
GEL's dividend has grown at an average rate of 1.9% a year over the past five years.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GEL is $14.12 per share, 1% below the $14.24 share price, so GEL screens as fairly valued.
Genesis Energy, L.P. (GEL) pays its dividend quarterly, 4 times a year.
Genesis Energy, L.P. (GEL) has raised its regular dividend 57 times and cut it 5 times across the 115 payments on record since 1997. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Jul 31, 2026. The last cut went ex-dividend on Apr 30, 2020.

Cite this page

SmarterDividends, "GEL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GEL

Summary

As of Oct 18, 2026, Genesis Energy, L.P. (GEL) yields 5.62% ($0.80 a year per share), has a dividend safety grade of C (59/100) and has 2 consecutive years of dividend increases on record.

Is GEL a good dividend stock?

Yes, with caveats

Genesis Energy, L.P. (GEL) pays a quarterly dividend yielding 5.62% ($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

41% total price return over 5 years

Risks

Cut its dividend in 2020
Elevated payout ratio (345%)

Key Data

Dividend Yield: 5.62%
Payout Ratio: 345%
Annual Dividend: $0.80
5-Yr Avg Growth: 1.9%
Ex-Dividend Date: Oct 30, 2026
Years of Growth: 2
Frequency: quarterly
Beta: 0.81
Market Cap: $1.7B
P/E Ratio: 71.2
5-Yr Total Return: 41%
52-Week Range: $13.55 – $18.64
Dividend Safety: C · 59/100
Ever Cut?: Yes (2020)

GEL dividend raises and cuts

Genesis Energy, L.P. (GEL) has raised its regular dividend 57 times and cut it 5 times across the 115 payments on record since 1997. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Jul 31, 2026. The last cut went ex-dividend on Apr 30, 2020.

Ex-date	Change	Old → new	Move
Jul 31, 2026	Raise	$0.180 → $0.200	+11.1%
Jan 30, 2026	Raise	$0.165 → $0.180	+9.1%
Oct 31, 2024	Raise	$0.150 → $0.165	+10.0%
Apr 30, 2020	Cut	$0.550 → $0.150	−72.7%
Jan 30, 2019	Raise	$0.540 → $0.550	+1.9%
Oct 30, 2018	Raise	$0.530 → $0.540	+1.9%
Jul 30, 2018	Raise	$0.520 → $0.530	+1.9%
Apr 30, 2018	Raise	$0.510 → $0.520	+2.0%
Jan 30, 2018	Raise	$0.500 → $0.510	+2.0%
Oct 30, 2017	Cut	$0.723 → $0.500	−30.8%
Jul 27, 2017	Raise	$0.720 → $0.723	+0.4%
Apr 26, 2017	Raise	$0.710 → $0.720	+1.4%

Show all 62 changes since 2000

Ex-date	Change	Old → new	Move
Jan 27, 2017	Raise	$0.700 → $0.710	+1.4%
Oct 26, 2016	Raise	$0.690 → $0.700	+1.4%
Jul 27, 2016	Raise	$0.673 → $0.690	+2.5%
Apr 27, 2016	Raise	$0.655 → $0.673	+2.7%
Jan 27, 2016	Raise	$0.640 → $0.655	+2.3%
Oct 28, 2015	Raise	$0.625 → $0.640	+2.4%
Jul 29, 2015	Raise	$0.610 → $0.625	+2.5%
Apr 29, 2015	Raise	$0.595 → $0.610	+2.5%
Jan 29, 2015	Raise	$0.580 → $0.595	+2.6%
Oct 29, 2014	Raise	$0.565 → $0.580	+2.7%
Jul 30, 2014	Raise	$0.550 → $0.565	+2.7%
Apr 29, 2014	Raise	$0.535 → $0.550	+2.8%
Jan 29, 2014	Raise	$0.522 → $0.535	+2.5%
Oct 30, 2013	Raise	$0.510 → $0.522	+2.4%
Jul 30, 2013	Raise	$0.497 → $0.510	+2.6%
Apr 29, 2013	Raise	$0.485 → $0.497	+2.5%
Jan 30, 2013	Raise	$0.472 → $0.485	+2.8%
Oct 31, 2012	Raise	$0.460 → $0.472	+2.6%
Jul 30, 2012	Raise	$0.450 → $0.460	+2.2%
Apr 27, 2012	Raise	$0.440 → $0.450	+2.3%
Jan 30, 2012	Raise	$0.428 → $0.440	+2.8%
Nov 1, 2011	Raise	$0.415 → $0.428	+3.1%
Aug 3, 2011	Raise	$0.408 → $0.415	+1.7%
Apr 29, 2011	Raise	$0.400 → $0.408	+2.0%
Jan 31, 2011	Raise	$0.388 → $0.400	+3.1%
Oct 29, 2010	Raise	$0.375 → $0.388	+3.5%
Jul 30, 2010	Raise	$0.368 → $0.375	+1.9%
Apr 30, 2010	Raise	$0.360 → $0.368	+2.2%
Feb 3, 2010	Raise	$0.353 → $0.360	+2.0%
Oct 29, 2009	Raise	$0.345 → $0.353	+2.3%
Jul 31, 2009	Raise	$0.338 → $0.345	+2.1%
Apr 30, 2009	Raise	$0.330 → $0.338	+2.4%
Jan 30, 2009	Raise	$0.323 → $0.330	+2.2%
Oct 31, 2008	Raise	$0.315 → $0.323	+2.5%
Aug 5, 2008	Raise	$0.300 → $0.315	+5.0%
May 7, 2008	Raise	$0.285 → $0.300	+5.3%
Feb 5, 2008	Raise	$0.270 → $0.285	+5.6%
Nov 2, 2007	Raise	$0.230 → $0.270	+17.4%
Aug 2, 2007	Raise	$0.220 → $0.230	+4.5%
May 3, 2007	Raise	$0.210 → $0.220	+4.8%
Feb 1, 2007	Raise	$0.200 → $0.210	+5.0%
Oct 31, 2006	Raise	$0.190 → $0.200	+5.3%
Jul 27, 2006	Raise	$0.180 → $0.190	+5.6%
Apr 28, 2006	Raise	$0.170 → $0.180	+5.9%
Feb 1, 2006	Raise	$0.160 → $0.170	+6.3%
Nov 2, 2005	Raise	$0.150 → $0.160	+6.7%
Jan 28, 2004	Raise	$0.0500 → $0.150	+200.0%
Apr 28, 2003	Cut	$0.200 → $0.0500	−75.0%
Jan 29, 2001	Cut	$0.280 → $0.200	−28.6%
Dec 14, 2000	Cut	$0.500 → $0.280	−44.0%

Every GEL payment →Download every raise and cut (CSV)

GEL ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →GEL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GEL a good dividend stock?

Yes, with caveats. Genesis Energy, L.P. (GEL) pays a quarterly dividend yielding 5.62% ($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.

Is GEL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GEL's fair value is about $14.12 versus a $14.24 share price — so it looks fairly valued (-1% vs. fair value).

Is GEL's dividend safe?

GEL has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is GEL's fair value?

Our blended fair-value estimate for GEL is about $14.12 per share, about 1% below the current $14.24 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GEL a buy, hold, or sell?

We don't issue formal ratings, but on the data GEL screens as "yes, with caveats" and fairly valued. Genesis Energy, L.P. (GEL) pays a quarterly dividend yielding 5.62% ($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. This is research for your own analysis, not investment advice.

Will GEL cut its dividend?

GEL earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GEL pay a dividend?

Yes. Genesis Energy, L.P. pays a quarterly dividend of about $0.80 per share annually, a forward yield of roughly 5.62%.

What is GEL's dividend yield?

As of Oct 18, 2026, GEL's forward dividend yield is 5.62%, based on a $0.80 annual dividend and a $14.24 share price.

What is GEL's dividend per share?

As of Oct 18, 2026, GEL pays $0.80 per share per year, distributed on a quarterly basis.

What is GEL's dividend payout ratio?

As of Oct 18, 2026, GEL's payout ratio is 345% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has GEL grown its dividend?

As of Oct 18, 2026, GEL has increased its dividend for 2 consecutive years.

When is the next GEL ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for GEL is Oct 30, 2026.

Dividend Growth

Total dividends per share by year

Dividend History

Full GEL dividend history →

Ex-Date	Pay Date	Amount	Type
Jul 31, 2026	Aug 14, 2026	$0.2000	regular
Apr 30, 2026	May 15, 2026	$0.1800	regular
Jan 30, 2026	Feb 13, 2026	$0.1800	regular
Oct 31, 2025	Nov 14, 2025	$0.1650	regular
Jul 31, 2025	Aug 14, 2025	$0.1650	regular
Apr 30, 2025	May 15, 2025	$0.1650	regular
Jan 31, 2025	Feb 14, 2025	$0.1650	regular
Oct 31, 2024	Nov 14, 2024	$0.1650	regular
Jul 31, 2024	Aug 14, 2024	$0.1500	regular
Apr 29, 2024	May 15, 2024	$0.1500	regular
Jan 30, 2024	Feb 14, 2024	$0.1500	regular
Oct 30, 2023	Nov 14, 2023	$0.1500	regular
Jul 28, 2023	Aug 14, 2023	$0.1500	regular
Apr 27, 2023	May 15, 2023	$0.1500	regular