Genesis Energy hikes dividend by 9.1%

Genesis Energy (GEL) raised its quarterly dividend on January 15, 2026, boosting the payout by 9.1% to $0.18 per unit.

The hike marks the second consecutive year of distribution growth for Genesis Energy. Over the past five years, the distribution has increased at a compound annual rate of 3.7%. At a unit price of $17.08, the payout translates into a yield of approximately 4.2%. The ex-dividend date is January 30, 2026.

Units of Genesis Energy are up about 8.8% year-to-date.

Genesis Energy operates midstream energy assets focused on offshore pipeline transportation, sodium minerals and sulfur services, and onshore facilities serving the U.S. energy market. More information is available on the website of Genesis Energy.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.