Diamondback Energy's last quarterly dividend of $0.75 per share was on Nov 16, 2022 (ex-date). The annualized dividend payment of $2.8 per share represents a current dividend yield of 1.95%.
Diamondback Energy's dividend yield of 1.95% is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 4.11%, Diamondback Energy's dividend yield is 53% lower.
Diamondback Energy has a history of paying dividends since 2018. Our records of FANG show that the company has distributed seven dividends in the past year. This includes four regular and three special dividends. The annualized dividend per share has increased by 60% for the last twelve months. And with the stock price up by 10% from a year ago, the dividend yield has increased by 45%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 16, 2022 | Nov 25, 2022 | Nov 7, 2022 | $1.51 | special |
| Nov 16, 2022 | Nov 25, 2022 | Nov 7, 2022 | $0.75 | normal |
| Aug 15, 2022 | Aug 23, 2022 | Aug 1, 2022 | $0.75 | normal |
| Aug 15, 2022 | Aug 23, 2022 | Aug 1, 2022 | $2.3 | special |
| May 11, 2022 | May 23, 2022 | May 2, 2022 | $0.7 | normal |
| May 11, 2022 | May 23, 2022 | Apr 27, 2022 | $2.35 | special |
| Mar 3, 2022 | Mar 11, 2022 | Feb 22, 2022 | $0.6 | normal |
| Nov 9, 2021 | Nov 18, 2021 | Nov 1, 2021 | $0.5 | normal |
| Aug 11, 2021 | Aug 19, 2021 | Aug 2, 2021 | $0.45 | normal |
| May 12, 2021 | May 20, 2021 | May 3, 2021 | $0.4 | normal |
| Mar 3, 2021 | Mar 11, 2021 | Feb 22, 2021 | $0.4 | normal |
| Nov 10, 2020 | Nov 19, 2020 | Nov 2, 2020 | $0.375 | normal |
| Aug 12, 2020 | Aug 20, 2020 | Aug 3, 2020 | $0.375 | normal |
| May 13, 2020 | May 21, 2020 | May 4, 2020 | $0.375 | normal |
| Mar 2, 2020 | Mar 10, 2020 | Feb 18, 2020 | $0.375 | normal |
| Nov 14, 2019 | Nov 22, 2019 | Nov 5, 2019 | $0.188 | normal |
| Aug 15, 2019 | Aug 26, 2019 | Aug 6, 2019 | $0.188 | normal |
| May 24, 2019 | Jun 4, 2019 | May 7, 2019 | $0.188 | normal |
| Feb 20, 2019 | Feb 28, 2019 | $0.125 | normal | |
| Nov 16, 2018 | Nov 26, 2018 | Nov 6, 2018 | $0.125 | normal |
| Aug 17, 2018 | Aug 27, 2018 | Aug 8, 2018 | $0.125 | normal |
| May 18, 2018 | May 29, 2018 | May 8, 2018 | $0.125 | normal |
Diamondback Energy's payout ratio of 11.3% is below the Energy sector and the industry average. In comparison with its Energy sector average of 42%, Diamondback Energy's payout ratio is 73% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PXD Pioneer Natural Resources Co | 8.22% | $18.59 | 63% |
| FANG Diamondback Energy Inc | 1.95% | $2.8 | 11.3% |
| OXY Occidental Petroleum Corp | 0.8% | $0.52 | 4% |
Yes, Diamondback Energy has been paying dividends for the last four years.
FANG hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in February 2023.
Diamondback Energy's last regular dividend was on Nov 16, 2022 (ex-date) with the amount of $0.75 per share.
On an annual basis FANG pays $2.8 per share.
Diamondback Energy's current dividend yield is 1.95%.
Diamondback Energy has a quarterly dividend frequency.
The dividend payout ratio of Diamondback Energy is 11.3%.
Diamondback Energy's dividend yield is lower than the Energy sector average.