Genesis Energy L.P. (GEL) will trade ex-dividend on July 28, 2022, for its quarterly dividend of $0.15, payable on August 12, 2022. This dividend represents a yield of approximately 1.76% based on GEL’s recent stock price of $8.54. As a result, shares are expected to open 1.76% lower on July 28.
GEL’s 52-week range is between $7.49 and $13.48, with the last trade noted at $8.52. The stock’s current estimated annual yield stands at 7.03%.
On Tuesday, GEL shares increased by approximately 2.5% during trading.
