The Bottom Line on GEO Stock. * Dividend.com does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! The GEO Group pays an annual dividend of $1.36 per share, with a dividend yield of 14.30%. Even with the cut, The GEO Group sports a sky-high 12% yield. All stock quotes on this website should be considered as having a 24-hour delay. Not only is your income cut, but the value of your investment declines as well – nasty. Find out how much your money can grow by using our Compounding Returns Calculator. Di seguito sono riportate le tabelle dei titoli che incrementano il loro dividendo da tot anni in modo continuo. As previously announced, Prison REIT GEO Group (GEO) "officially" reduced their dividend from $0.48 to $0.34 per share. Reproduction of such information in any form is prohibited. GEO FINAL DEADLINE TODAY: ROSEN, NATIONAL INVESTOR COUNSEL, Reminds The GEO Group, Inc. Investors Of Important September 8 Deadline In Securities Class Action - GEO … For every company on our list except for two (Gaming and Leisure Properties and The GEO Group) FFO covers the dividend. GEO Group has a payout ratio of 148.5%. 65 equity REIT out of our universe 170 equity REITs have reduced or … Make short-term dividend income. That’s a … Please help us personalize your experience. GEO’s dividend is not as defensible as other SA authors have indicated. GEO Dividend History & Description — GEO Group Inc (The) (New) GEO Group is a real estate investment trust focusing on the ownership, leasing and management of secure facilities, processing centers and reentry facilities and the provision of community-based services and youth services. Even with the cut, The GEO Group sports a sky-high 12% yield. The GEO Group pays an annual dividend of $1.36 per share, with a dividend yield of 14.83%. The GEO Group Announces Decision by Federal Bureau of Prisons to Not Rebid Its Contract for Rivers Correctional Facility finance.yahoo.com - November 23 at 7:14 AM: GEO Group: Beyond The Election seekingalpha.com - November 19 at 2:42 PM: Some Geo Group Debt Now Yielding Higher Than The Dividend seekingalpha.com - November 12 at 4:22 PM This new dividend payment target will allow GEO to remain structured as a publicly traded REIT, while preserving capital to be applied towards the repayment of debt. Not sure where to start? A simple calculation based on the management guidance shows that the company will generate negative FCF after paying dividends in FY2020. Learn from industry thought leaders and expert market participants. GEO Group has grown its cash flow by 63.04% in the last year. Companies not covering the dividend with FFO have to hope for FFO-per-share growth or borrow to pay the dividend. One of the major risks of relying on dividend income, is the potential for a company to struggle financially and cut its dividend. Browse our guide to explore. News Eli Lilly and Company Increases Dividend by 14% Shauvik Haldar | Feb 12, 2019 StreetInsider.com Top Tickers, 12/23/2020. 10/23/2020. The GEO Group pays out 49.45% of its earnings out as a dividend. GEO Dividend History & Description — GEO Group Inc (The) (New) GEO Group is a real estate investment trust focusing on the ownership, leasing and management of secure facilities, processing centers and reentry facilities and the provision of community-based services and youth services. The latest regular payout is compared to the most recent regular payout before the dividend cut. Build conviction from in-depth coverage of the best dividend stocks. - Duration: 11:57. In comparison to stocks we observe that provide shareholders with a dividend, Geo Group Inc's dividend yield of 14.01% is in the top 1.02%. Older articles featuring Geo Group (GEO): 5 High-Dividend Stocks Yielding Up to 30% Dividend Champions For November 2020 REIT Earnings Halftime Report: Dividend Cuts, No More 55 U.S. Real Estate Investment Trusts Yield Over 7% In October September 2020 Dividend Portfolio Update Dividend Challenger Highlights: Week Of October 11 The GEO Group’s quarterly dividend had been $0.48 per share, but the company recently announced it was lowering the payout to $0.34. GEO Most Recent Dividend. This is the "dividend gap". Of course, the private prisons industry isn’t perfect. GEO Group: Considering Whether A Dividend Cut Is On The Horizon GEO Group: Considering Whether A Dividend Cut Is On The Horizon Jun. Practice management news, reports, video and more. However, GEO's falling cash flow, rising leverage, and tightening access to capital markets are enough for us to downgrade GEO's Dividend Safety Score from our lowest Borderline Safe score (41) to Unsafe . GEO Group cuts dividend by ~29% to $0.34. Numero di anni consecutivi di rialzo dei dividendi. Hand picked by analysts based on Dividend.com rating system. Note: Market Cap and dividend yield figures are as of market open on Wednesday, October 14. ET on Seeking Alpha To receive dividends, you must be a company shareholder as of a certain date as determined by the company's Board of Directors. GEO Group (NYSE:GEO) declares $0.34/share quarterly dividend, -29.2% decrease from prior dividend of $0.48.Forward yield 12.02%Payable Oct. Sign In Marketplace Subscribe Premium Below, we present an analysis of key securities that announced a cut in their dividends and are going ex-dividend this week. Payout Ratio (Dividends/Earnings). Reward: They currently pay a 14.2% dividend. https://www.dividend.com/news/2020/10/14/foot-locker-and-geo-group-cut-dividend/. G eo Group Inc (GEO) will begin trading ex-dividend on April 12, 2019. Which type of investor describes you best? GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. GEO Group (GEO) Declares $0.34 Quarterly Dividend; 12% Yield GEO Group (GEO) Expects to Cut Dividend GEO Group (GEO) Declares $0.48 Quarterly Dividend; 16.9% Yield The GEO Group pays out 49.45% of its earnings out as a dividend. Stay up to date with the latest dividend payout changes by using our premium payout changes tool here. The cut is being used to pay down debt. Often, during times of financial stress, stocks, MLPs, REITs and funds cut their dividend payouts. Payout ratio... Cash Flow Growth Year-Over-Year. Use our new tool, Propelor, to track your future dividend income and better manage your portfolio when companies like Foot Locker Inc. cut or suspend dividend. Source: “Dividends,” The GEO Group Inc, last accessed May 22, 2019. The cut is being used to pay down debt. Prior to COVID, they paid a quarterly dividend of $0.48 which would result in a dividend of 20% dividend if it returns to that rate. Monthly payments from Quarterly Payers ››. It specializes in the design, development, financing and operation of correctional, detention and community reentry facilities. On the day following the cut-off, the stock price falls by about the amount of the declared dividend. Retirement news, reports, video and more. GEO's most recent quarterly dividend payment was made to shareholders of record on Friday, October 23. Foot Locker and The GEO Group Cut Dividend Shauvik Haldar | Oct 14, 2020 Check out securities going ex-dividend this week with a decreased payout. In fact, the number of coronavirus dividend cuts and suspensions exceeded the number increasing the dividends for the first time since January 2009 according to a recent article.But note that the total number of dividend cuts and suspensions will likely exceed the number … Rents Paid, Dividends Raised: REIT Earnings Recap REIT Earnings Halftime Report: Dividend Cuts, No More GEO Group: 12% Yield With AAA-Rated Tenants Dividend Hikes Lift REITs Dividend Cuts And Overdue Rent: Previewing REIT Earnings Season GEO Group: 11%+ Yield-To-Maturity Bond, A Steal At This Price Dividends By The Numbers In June 2020 And 2020-Q2 Dividend Cut #1: The GEO Group (GEO) While GEO Group's (GEO) dividend cut came as a bit of a surprise, I understand why the company took the action that it did to reduce its quarterly dividend by 29.2% from $0.48/share to $0.34/share earlier this month. Dividend stocks making payouts in the next 10 business days and have a history of rebounding in price shortly thereater. Dividend Hikes Lift REITs Dividend Cuts And Overdue Rent: Previewing REIT Earnings Season GEO Group: 11%+ Yield-To-Maturity Bond, A Steal At This Price Dividends By The Numbers In June 2020 And 2020-Q2 The Dangers Of High-Yield Investing GEO Group: Considering Whether A Dividend Cut Is On The Horizon REITs Hit By 'Second Wave' Of Dividend Cuts More S&P 500 ends slightly higher as investors bet on recovery, Pfizer (PFE), BioNTech (BNTX) to Supply the U.S. with 100 Million Additional Doses of COVID-19 Vaccine, Trump threatens to not sign COVID-19 bill, wants bigger stimulus checks, U.S. economy losing speed as year winds down, Oil gains 2% after draws in U.S. product inventories, Electric Vehicle Company Canoo (GOEV) And Hennessy Capital Acquisition Corp. IV (HCAC) Announce Closing Of Business Combination, Oppenheimer Starts Ondas Holdings Inc. (ONDS) at Outperform, Sportsmans Warehouse (SPWH) will be acquired for $18 per share in cash by Great American Outdoors Group, Ocugen (OCGN), Bharat Biotech to Co-Develop COVAXIN, a Whole-Virion Inactivated COVID-19 Vaccine, for the US Market, Pre-Open Stock Movers 12/23: (OCGN) (UAVS) (SUPN) (CLNE) (CLRB) (FUBO) (NKLA) (more...), After-Hours Stock Movers 12/23: (SENS) (LKCO) (TNXP) (ALT) (CLNE), After-Hours Stock Movers 12/22: (ONTX) (MGNI) (HYAC) (QS) (MVIS), Pre-Open Stock Movers 12/22: (JG) (AMTX) (SPWH) (CLA) (MDCA) (QS) (more...), After-Hours Stock Movers 12/21: (MVIS) (ECOR) (ZIOP) (PTON) (RIOT) (VERO) (more..). Even at the high-end of the guidance, GEO is still drawing ~$10 million on … Get a complete explanation of the ex-dividend date, record date, payment date and declaration date here. A cash dividend payment of $0.48 per share is scheduled to be paid on April 22, … Use our new tool, Propelor, to track your future dividend income and better manage your portfolio when companies like Foot Locker Inc. cut or suspend dividend. However, GEO's falling cash flow, rising leverage, and tightening access to capital markets are enough for us to downgrade GEO's Dividend Safety Score from our lowest Borderline Safe score (41) to Unsafe. The quarterly cash dividend will be paid on October 23, 2020 to shareholders of record as of the close of business on October 16, 2020. Zacks Investment Research cut shares of The GEO Group (NYSE:GEO) from a buy rating to a hold rating in a research note issued to investors on Monday, Zacks.com reports.. GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. 25, 2020 at 3:29 p.m. FREE Breaking News Alerts from StreetInsider.com! In comparison to stocks we observe that provide shareholders with a dividend, Geo Group … Find the latest Geo Group Inc (The) REIT (GEO) stock discussion in Yahoo Finance's forum. A tight labor market has forced GEO Group to pay more for prison guards and other staff. Find News. Forward-Looking Statements - Statements prepared by The GEO Group, Inc. and made on the The GEO Group, Inc. Investor Relations Web site that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Knowing your AUM will help us build and prioritize features that will suit your management needs. That could bite into the company’s robust profit margins down the road. Fixed income news, reports, video and more. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. GO … What is the value of your investable assets? Seeking Alpha 30d: Start Trading >> your MARKET VIEW Your Personalized Market Center. GEO Group has been paying a dividend for the past seven years. Enhance retirement outcomes with helpful tactics. Find all the companies that have increased their dividends for more than 25 consecutive years in our 25-Year Dividend-Increasing Stocks page, and all companies that have increased their dividends for more than 10 consecutive years in our 10-Year Dividend-Increasing Stocks page. Find the latest dividend history for Geo Group Inc (The) REIT (GEO) at Nasdaq.com. An imminent dividend cut seems unlikely. Critical Facts You Need to Know About Preferred Stocks, Earn More With Dividend Stocks Than With Annuities for Your Retirement, Foot Locker and The GEO Group Cut Dividend. Stay up to date with timely dividend news. "Beginning with our next quarterly dividend payment in October 2020, we expect to declare quarterly dividend payments of $0.34 per share, or $1.36 per share annualized, solely within the discretion of our Board of Directors and based on various factors. According to Zacks, “The GEO Group, Inc. is an equity real estate investment trust. Congratulations on personalizing your experience. The GEO Group, Inc. (NYSE: GEO) ("GEO") announced that on October 6, 2020, its Board of Directors declared a quarterly cash dividend of $0.34 per share. This date is the closing of the shareholder register book or the “dividend cut-off”. GEO Group 10% Dividend Stock Down 15% but why? Can the company sustain that high of a yield, or is another cut coming? An imminent dividend cut seems unlikely. ... NO DIVIDEND CUTS - How My Dividend Stock Portfolio Outperforms The s&p500 - Duration: 7:36. The Geo Group Q3 2020 ... our board of directors has reduced our quarterly dividend payments of $0.34 per share in order to apply our excess cash flows to paying down debt. Foot Locker and The GEO Group Cut Dividend Shauvik Haldar Oct 14, 2020 Often, during times of financial stress, stocks, MLPs, REITs and funds cut their dividend payouts. I'm dividend re-investing all the money I have in an old HSA tax free. Could GEO Group (NYSE: GEO) Cut its Dividend? In the correctional system, however, less than 10% of state and federal inmates are in … There are two publicly traded private prison companies: The GEO Group (NYSE: GEO) and CoreCivic (NYSE: CXW). Knowing your investable assets will help us build and prioritize features that will suit your investment needs. Portfolio management news, reports, video and more. GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. 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