Diamondback Energy's last quarterly dividend of $0.75 per share was on Aug 15, 2022 (ex-date). The annualized dividend payment of $2.55 per share represents a current dividend yield of 1.83%. The latest FANG payout of $0.75 marks a dividend growth of 7%.
Diamondback Energy's dividend yield of 1.83% is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 3.95%, Diamondback Energy's dividend yield is 54% lower.
Diamondback Energy has a history of paying dividends since 2018. Our records of FANG show that the company has distributed six dividends in the past year. This includes four regular and two special dividends. The annualized dividend per share has increased by 57% for the last twelve months. And with the stock price up by 34% from a year ago, the dividend yield has increased by 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 15, 2022 | Aug 23, 2022 | Aug 1, 2022 | $2.3 | special |
| Aug 15, 2022 | Aug 23, 2022 | Aug 1, 2022 | $0.75 | normal |
| May 11, 2022 | May 23, 2022 | Apr 27, 2022 | $2.35 | special |
| May 11, 2022 | May 23, 2022 | May 2, 2022 | $0.7 | normal |
| 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 11.8% is below the Energy sector and the industry average. In comparison with its Energy sector average of 47.3%, Diamondback Energy's payout ratio is 75% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PXD Pioneer Natural Resources Co | 5.13% | $12.88 | 50.5% |
| FANG Diamondback Energy Inc | 1.83% | $2.55 | 11.8% |
| OXY Occidental Petroleum Corp | 0.59% | $0.4 | 3.7% |
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 November 2022.
Diamondback Energy's last regular dividend was on Aug 15, 2022 (ex-date) with the amount of $0.75 per share.
On an annual basis FANG pays $2.55 per share.
Diamondback Energy's current dividend yield is 1.83%.
Diamondback Energy has a quarterly dividend frequency.
The dividend payout ratio of Diamondback Energy is 11.8%.
Diamondback Energy's dividend yield is lower than the Energy sector average.