Geo Group As of September 21, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
GEO N/A -100.0% -29.2% 2.9%
Business yield Hike yrs 5 yr CAGR freq. paid since
Correctional Facilities REIT N/A N/A N/A No div N/A
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GEO Group cuts dividend by 96%

The GEO Group (GEO) will this time cut its quarterly dividend by another 96 percent to 1 cent per share. Earlier this year the dividend was already cut by 26.5 percent to 25 cents per share. This comes after a cut of 29.2 percent to 34 cents per share in 2020 by the correctional facilities REIT.

The next quarterly cash dividend will be paid on April 9, 2021 to shareholders of record as of the close of business on March 26, 2021. The new dividend yield for GEO is 13% if the company will maintain its new $0.04 per share annualized dividend rate.

The GEO Group, Inc. is a fully integrated equity real estate investment trust specialized in the design, financing, development, and operation of correctional, detention, and community reentry facilities. GEO has operations in the United States, Australia, South Africa, and the United Kingdom. The company has paid a dividend to shareholders every year since 2012.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 23 SRE 3.4% 5.3%
Sep 23 RL 2.5% 0.0%
Sep 23 FLS 2.3% 0.0%
Sep 23 XRAY 0.7% 10.0%
Sep 23 IFF 2.4% 2.6%
Sep 23 MDT 2.0% 8.6%
Sep 24 EQR 3.0% 0.0%
Sep 24 GE 0.3% 0.0%
Sep 24 CERN 1.2% 0.0%
Sep 27 LRCX 1.0% 15.4%