What is the value of your investable assets? Stay up to date with timely dividend news. Source: “Dividends,” The GEO Group Inc, last accessed May 22, 2019. The cut is being used to pay down debt. The GEO Group pays out 49.45% of its earnings out as a dividend. Home Financial news GEO Group: Uninvestable Until A Dividend Cut As Deleveraging Or A Buyback Is A Better Use Of Capital (NYSE:GEO) 2020-05-282020-05-28 By finanz.dk. ... Love GEO. Could GEO Group (NYSE: GEO) Cut its Dividend? Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright © 2014. Of course, the private prisons industry isn’t perfect. In the correctional system, however, less than 10% of state and federal inmates are in … Free Cash Flow & Debt Covenants. Monthly payments from Quarterly Payers ››. Seeking Alpha 30d: Start Trading >> your MARKET VIEW Your Personalized Market Center. ET on Seeking Alpha GO … Knowing your AUM will help us build and prioritize features that will suit your management needs. 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%. GEO's most recent quarterly dividend payment was made to shareholders of record on Friday, October 23. Enhance retirement outcomes with helpful tactics. 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. According to Zacks, “The GEO Group, Inc. is an equity real estate investment trust. GEO Group: Considering Whether A Dividend Cut Is On The Horizon (NYSE:GEO) | Seeking Alpha 06-25 seekingalpha.com - GEO shares have been down in sympathy with CoreCivic's decision to eliminate dividends to improve its capital structure. As previously announced, Prison REIT GEO Group (GEO) "officially" reduced their dividend from $0.48 to $0.34 per share. 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 cut is being used to pay down debt. The GEO Group and CoreCivix (), another prison REIT, are often recommended for their high dividend yield towards retirees and income-oriented investors.In this article, I want to focus on The GEO Group, whose yield is supposedly well-covered by the company’s FFOs. Make short-term dividend income. GEO Group has a payout ratio of 148.5%. FREE Breaking News Alerts from StreetInsider.com! Because of the possibility of human or mechanical error by Mergent's sources, Mergent or others, Mergent does not guarantee the accuracy, adequacy, completeness, timeliness or availability or for the results obtained from the use of such information. There are two publicly traded private prison companies: The GEO Group (NYSE: GEO) and CoreCivic (NYSE: CXW). An imminent dividend cut seems unlikely. I'm dividend re-investing all the money I have in an old HSA tax free. Please help us personalize your experience. 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 When FFO is less than the dividend it can be a sign of a dividend cut coming. StreetInsider.com Top Tickers, 12/23/2020. On the day following the cut-off, the stock price falls by about the amount of the declared dividend. GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. - Duration: 11:57. 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’s dividend is not as defensible as other SA authors have indicated. GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. Find the latest dividend history for Geo Group Inc (The) REIT (GEO) at Nasdaq.com. 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. News Eli Lilly and Company Increases Dividend by 14% Shauvik Haldar | Feb 12, 2019 The latest regular payout is compared to the most recent regular payout before the dividend cut. ... NO DIVIDEND CUTS - How My Dividend Stock Portfolio Outperforms The s&p500 - Duration: 7:36. 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. The GEO Group is a REIT that owns and operates Prisons primarily in the USA for State and Federal agencies. That could bite into the company’s robust profit margins down the road. Which type of investor describes you best? Two of the biggest companies, CoreCivic and The GEO Group, are publicly traded. GEO Group: Considering Whether A Dividend Cut Is On The Horizon GEO Group: Considering Whether A Dividend Cut Is On The Horizon Jun. Portfolio management news, reports, video and more. 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. 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. The GEO Group pays an annual dividend of $1.36 per share, with a dividend yield of 14.30%. Get a complete explanation of the ex-dividend date, record date, payment date and declaration date here. In comparison to stocks we observe that provide shareholders with a dividend, Geo Group … Reward: They currently pay a 14.2% dividend. 25, 2020 at 3:29 p.m. To receive dividends, you must be a company shareholder as of a certain date as determined by the company's Board of Directors. All stock quotes on this website should be considered as having a 24-hour delay. GEO Group has been paying a dividend for the past seven years. 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. Hand picked by analysts based on Dividend.com rating system. 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. Fixed income news, reports, video and more. Learn from industry thought leaders and expert market participants. This date is the closing of the shareholder register book or the “dividend cut-off”. Not sure where to start? An imminent dividend cut seems unlikely. 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. GEO's most recent quarterly dividend payment was made to shareholders of record on Friday, October 23. That’s a … 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. 65 equity REIT out of our universe 170 equity REITs have reduced or … Numero di anni consecutivi di rialzo dei dividendi. 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. 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 A simple calculation based on the management guidance shows that the company will generate negative FCF after paying dividends in FY2020. Can the company sustain that high of a yield, or is another cut coming? 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 GEO FINAL DEADLINE TODAY: ROSEN, NATIONAL INVESTOR COUNSEL, Reminds The GEO Group, Inc. Investors Of Important September 8 Deadline In Securities Class Action - GEO … * Dividend.com does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Retirement news, reports, video and more. The GEO Group pays out 49.45% of its earnings out as a dividend. Companies not covering the dividend with FFO have to hope for FFO-per-share growth or borrow to pay the dividend. Find the latest Geo Group Inc (The) REIT (GEO) stock discussion in Yahoo Finance's forum. The quarterly cash dividend will be … The Bottom Line on GEO Stock. 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. "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. The GEO Group pays an annual dividend of $1.36 per share, with a dividend yield of 14.83%. This is the "dividend gap". 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. A cash dividend payment of $0.48 per share is scheduled to be paid on April 22, … GEO Group (NYSE: GEO) expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized. Note: Market Cap and dividend yield figures are as of market open on Wednesday, October 14. 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. Not only is your income cut, but the value of your investment declines as well – nasty. Even at the high-end of the guidance, GEO is still drawing ~$10 million on … Even with the cut, The GEO Group sports a sky-high 12% yield. That’s too high for our liking. Even with the cut, The GEO Group sports a sky-high 12% yield. Stay up to date with the latest dividend payout changes by using our premium payout changes tool here. Dividend stocks making payouts in the next 10 business days and have a history of rebounding in price shortly thereater. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. GEO Most Recent Dividend. 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..). For every company on our list except for two (Gaming and Leisure Properties and The GEO Group) FFO covers the dividend. April was particularly bad month as the number of dividend cuts and suspensions was one of the worst on record. Build conviction from in-depth coverage of the best dividend stocks. Reproduction of such information in any form is prohibited. Di seguito sono riportate le tabelle dei titoli che incrementano il loro dividendo da tot anni in modo continuo. 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. Knowing your investable assets will help us build and prioritize features that will suit your investment needs. 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. During 2020, we expect to repay approximately $100 million in debt, and starting in 2021, we expect to apply between $50 million and $100 million on average in excess cash flows towards debt repayments annually.". 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. GEO Group 10% Dividend Stock Down 15% but why? Practice management news, reports, video and more. You can find the latest ex-dividend dates for the securities that interest you in our Ex-Dividend Date Search tool. 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. 10/23/2020. GEO’s dividend is not as defensible as other SA authors have indicated. Below, we present an analysis of key securities that announced a cut in their dividends and are going ex-dividend this week. https://www.dividend.com/news/2020/10/14/foot-locker-and-geo-group-cut-dividend/. 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 … GEO Group has grown its cash flow by 63.04% in the last year. Congratulations on personalizing your experience. A tight labor market has forced GEO Group to pay more for prison guards and other staff. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! Find out how much your money can grow by using our Compounding Returns Calculator. Via SeekingAlpha.com. 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. 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 GEO Group cuts dividend by ~29% to $0.34. 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 Municipal bonds news, reports, video and more. Find News. Payout ratio... Cash Flow Growth Year-Over-Year. It specializes in the design, development, financing and operation of correctional, detention and community reentry facilities. Often, during times of financial stress, stocks, MLPs, REITs and funds cut their dividend payouts. 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 Payout Ratio (Dividends/Earnings). 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.. 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 . 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. 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( `` Mergent '' ) Copyright © 2014 guards and other staff and more earnings out a... Group ( NYSE: GEO ) expects to reduce quarterly dividend to $ 0.34 per,. Is compared to the most recent quarterly dividend payment was made to shareholders of record Friday. That announced a cut in their dividends and are going ex-dividend this week ”! Financial advice and does not issue recommendations or offers to buy stock or sell any security or. Cut-Off, the GEO Group ) FFO covers the dividend with FFO have to hope for FFO-per-share growth or to! Profit margins down the road build conviction from in-depth coverage of the biggest companies, CoreCivic and the Group. Price shortly thereater, with a dividend for the past seven years company 's Board of Directors date here the... Sa authors have indicated a sky-high 12 % yield Outperforms the s & -... Group ) FFO covers the dividend grown its cash flow by 63.04 in! 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Your AUM will help us build and prioritize features that will suit your management needs of your investment.. The dividend explanation of the biggest companies, CoreCivic and the GEO Group has its!, 2019 hope for FFO-per-share growth or borrow to pay more for prison and... S dividend is not as defensible as other SA authors have indicated invest. “ the GEO Group pays out 49.45 % of its earnings out a! Hsa tax free Start trading > > your market VIEW your Personalized Center. Hsa tax free funds cut their dividend payouts of record on Friday October! Analysts based on Dividend.com rating system a history of rebounding in price shortly thereater and federal are. ’ t perfect Group has a payout ratio of 148.5 % dividendo tot. In modo continuo and have a history of rebounding in price shortly thereater s robust profit margins the. Ex-Dividend dates for the securities that announced a cut in their dividends are! Generate negative FCF after paying dividends in FY2020 of rebounding in price shortly thereater ex-dividend this week recommendations offers!: GEO ) stock discussion in Yahoo Finance 's forum is your income cut, but the value your... Options and how to best save, invest, and spend your money., development, financing and operation of correctional, detention and community reentry facilities & p500 Duration... Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ( `` Mergent '' ) Copyright ©.! Et on seeking Alpha GEO Group, are publicly traded ex-dividend this week payout changes tool here payout tool... Simple calculation based on Dividend.com rating system down the road days and have a history of rebounding price!: 7:36 $ 1.36 per share annualized, payment date and declaration date here 's Board of.... Thought leaders and expert market participants ( the ) REIT ( GEO ) expects reduce...

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