Diamondback Energy's dividend yield of 1.86% is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 4.46%, Diamondback Energy's dividend yield is 58% lower. The historical 5-year average of FANG's dividend yield is 1.8%, which is in line with the current one.
Diamondback Energy has a history of paying dividends since 2018. Our records of FANG show that the company has distributed eight dividends in the past year. This includes five regular and three special dividends. The annualized dividend per share has increased by 6% for the last twelve months. And with the stock price down by 16% from a year ago, the dividend yield has increased by 26%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 10, 2023 | May 18, 2023 | May 1, 2023 | $0.03 | normal |
| May 10, 2023 | May 18, 2023 | May 1, 2023 | $0.8 | normal |
| Mar 2, 2023 | Mar 10, 2023 | Feb 21, 2023 | $2.15 | special |
| Mar 2, 2023 | Mar 10, 2023 | Feb 21, 2023 | $0.8 | normal |
| Nov 16, 2022 | Nov 25, 2022 | Nov 7, 2022 | $0.75 | normal |
| Nov 16, 2022 | Nov 25, 2022 | Nov 7, 2022 | $1.51 | special |
| 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 | 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 9.8% is below the Energy sector and the industry average. In comparison with its Energy sector average of 36.5%, Diamondback Energy's payout ratio is 73% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PXD Pioneer Natural Resources Co | 4.34% | $8.92 | 30.2% |
| FANG Diamondback Energy Inc | 1.81% | $2.38 | 9.8% |
| OXY Occidental Petroleum Corp | 0.95% | $0.57 | 6% |
Yes, Diamondback Energy has been paying dividends for the last five 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 August 2023.
Diamondback Energy's last regular dividend was on May 10, 2023 (ex-date) with the amount of $0.8 per share.
On an annual basis FANG pays $2.38 per share.
Diamondback Energy's current dividend yield is 1.86%.
Diamondback Energy has a quarterly dividend frequency.
The dividend payout ratio of Diamondback Energy is 9.8%.
Diamondback Energy's dividend yield is lower than the Energy sector average.