Diamondback Energy's last dividend of $2.34 per share was on Aug 15, 2024 (ex-date). The annualized dividend payment of $7.33 per share represents a current dividend yield of 4.17%. The latest FANG payout of $2.34 marks a dividend growth of 19%.
Diamondback Energy's dividend yield of 4.17% is higher than its peers average but lower than the Energy sector and the industry average. In comparison with the Energy sector average of 4.49%, Diamondback Energy's dividend yield is 7% lower. The historical 5-year average of FANG's dividend yield is 2.3%, which is lower than the current one.
Diamondback Energy has a history of paying dividends since 2018. Our records of FANG show that the company has distributed four dividends in the past year. The annualized dividend per share has increased by 130% for the last twelve months. And with the stock price up by 10% from a year ago, the dividend yield has increased by 109%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 15, 2024 | $2.34 | 3.73% |
May 14, 2024 | $1.97 | 2.94% |
Mar 4, 2024 | $2.18 | 2.6% |
Nov 15, 2023 | $0.84 | 2.11% |
Aug 9, 2023 | $0.84 | 2.12% |
May 10, 2023 | $0.8 | 2.38% |
Mar 2, 2023 | $0.8 | 2.08% |
Nov 16, 2022 | $0.75 | 1.76% |
Aug 15, 2022 | $0.75 | 1.99% |
May 11, 2022 | $0.7 | 1.8% |
Mar 3, 2022 | $0.6 | 1.45% |
Nov 9, 2021 | $0.5 | 1.55% |
Aug 11, 2021 | $0.45 | 2.06% |
May 12, 2021 | $0.4 | 1.95% |
Mar 3, 2021 | $0.4 | 2.05% |
Nov 10, 2020 | $0.375 | 4.45% |
Aug 12, 2020 | $0.375 | 2.94% |
May 13, 2020 | $0.375 | 2.98% |
Mar 2, 2020 | $0.375 | 1.51% |
Nov 14, 2019 | $0.188 | 0.9% |
Aug 15, 2019 | $0.188 | 0.65% |
May 24, 2019 | $0.188 | 0.54% |
Feb 20, 2019 | $0.125 | 0.47% |
Nov 16, 2018 | $0.125 | 0.33% |
Aug 17, 2018 | $0.125 | 0.21% |
May 18, 2018 | $0.125 | 0.09% |
Diamondback Energy's payout ratio of 37.9% is below the Energy sector, the industry and its peers average. In comparison with its Energy sector average of 49.2%, Diamondback Energy's payout ratio is 23% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FANG Diamondback Energy Inc | 4.15% | $7.33 | 37.9% |
VNOM Viper Energy Partners LP | 3.46% | $1.79 | 61.3% |
COP Conocophillips | 3.06% | $3.14 | 34.9% |
EXE Expand Energy Corp. | 2.78% | $2.44 | 123.9% |
OXY Occidental Petroleum Corp | 1.67% | $0.84 | 19.2% |
Yes, Diamondback Energy has been paying dividends for the last six years.
Diamondback Energy's last regular dividend was on Aug 15, 2024 (ex-date) with the amount of $2.34 per share.
On an annual basis FANG pays $7.33 per share.
Diamondback Energy's current dividend yield is 4.17%.
Diamondback Energy has a quarterly dividend frequency.
The dividend payout ratio of Diamondback Energy is 37.9%.
Diamondback Energy's dividend yield is lower than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.