The GEO Group, Inc.
GEOThe GEO Group, Inc. (GEO) is a global leader in privatized corrections, detention, and community reentry services. Founded in 1984 and headquartered in Boca Raton, Florida, the company operates correctional and detention facilities primarily in the United States, Australia, South Africa, and the United Kingdom. GEO provides a range of services including facility management, rehabilitation, and electronic monitoring, serving government agencies to manage incarceration and detention needs.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| February 1, 2021 | $0.25 | 2021-01-22 | 2021-01-25 |
| October 23, 2020 | $0.34 | 2020-10-15 | 2020-10-16 |
| July 24, 2020 | $0.48 | 2020-07-16 | 2020-07-17 |
| April 24, 2020 | $0.48 | 2020-04-16 | 2020-04-17 |
| February 21, 2020 | $0.48 | 2020-02-13 | 2020-02-14 |
Dividends Summary
- Consistent Payer: The GEO Group, Inc. has rewarded shareholders with 36 dividend payments over the past 9 years.
- Total Returned Value: Investors who held GEO shares during this period received a total of $23.51 per share in dividend income.
- Latest Payout: The most recent dividend of $0.25/share was paid 1817 days ago, on February 1, 2021.
- Yield & Schedule: GEO currently pays dividends quarterly with an annual yield of 8.35%.
- Dividend Growth: Since 2012, the dividend payout has grown by 25.0%, from $0.20 to $0.25.
Company News
GEO Group reported Q1 revenue and adjusted EPS that missed analyst expectations, with adjusted EBITDA also declining. However, the company raised its full-year EPS and revenue outlook, anticipating growth in the second half of 2025.
The GEO Group reported Q4 revenue beating estimates, but EPS fell short due to higher expenses. The company secured a new $1 billion contract with ICE and provided a FY25 outlook with lower EPS and revenue guidance compared to consensus.
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