CRC California Resources dividend history, payout ratio & dates
California Resources's latest dividend was on Aug 30, 2024 (ex-date) with a payout of $0.388 per share. At an annualized rate of $1.32 per share, the stock yields 2.21%. The latest dividend has an increase of $0.08, or 25% from the prior distribution.
Key dates
- CRC last dividend date: Aug 30, 2024
CRC dividend stats
vs. Energy sector
Dividend yield
California Resources's dividend yield of 2.21% is below the Energy sector and the industry average. In comparison with its Energy sector average of 4.03%, California Resources's dividend yield is 45% lower.
Dividend history
California Resources has been paying dividends since 2021. CRC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 17% for the last twelve months. And with the price of the stock up by 15% from a year ago, the dividend yield has an increase of 0.9%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 30, 2024 | $0.388 | 2.51% |
| May 31, 2024 | $0.31 | 2.56% |
| Mar 5, 2024 | $0.31 | 2.22% |
| Nov 30, 2023 | $0.31 | 2.26% |
| Aug 31, 2023 | $0.283 | 2.02% |
| May 31, 2023 | $0.283 | 2.71% |
| Mar 3, 2023 | $0.283 | 2.06% |
| Nov 30, 2022 | $0.283 | 1.75% |
| Aug 31, 2022 | $0.17 | 1.36% |
| May 31, 2022 | $0.17 | 1.17% |
| Mar 4, 2022 | $0.17 | 0.79% |
| Nov 30, 2021 | $0.17 | 0.44% |
California Resources dividend payout ratio
Payout ratio
California Resources's payout ratio of 20.1% is below the Energy sector and the industry average. Compared to its Energy sector average of 56.2%, California Resources's payout ratio is 64% lower.
Total amount of dividends paid per financial year (from cash flow)
CRC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CRC California Resources Corp | 2.21% | $1.32 | 20.1% |
| WTI W&T Offshore Inc | 2.02% | $0.04 | N/A |
| MTDR Matador Resources Co | 1.41% | $0.85 | 11.2% |
Frequently asked questions
Does California Resources pay a dividend?
Yes, California Resources has been paying dividends for the last three years.
When was CRC's last dividend?
California Resources's last regular dividend was on Aug 30, 2024 (ex-date) with the amount of $0.388 per share.
How much dividend does California Resources pay (per share)?
On an annual basis CRC pays $1.32 per share.
What is California Resources's dividend yield?
California Resources's current dividend yield is 2.21%.
How often does California Resources pay dividends?
California Resources has a quarterly dividend frequency.
What is California Resources's dividend payout ratio?
The dividend payout ratio of California Resources is 20.1%.
Does California Resources pay a good dividend?
California Resources's dividend yield is lower than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.