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CRC California Resources dividend history, payout ratio & dates

  1. Stocks
  2. Energy
  3. NYSE: CRC
  4. Dividend

California Resources's latest quarterly dividend was on May 31, 2024 (ex-date) with a payout of $0.31 per share. At an annualized rate of $1.21 per share, the stock yields 2.41%.

Key dates

  • CRC last dividend date: May 31, 2024
  • CRC next dividend date: Not announced
Peer dividends: MTDR
CRC dividend stats
DPS
$1.21
Dividend yield
2.37%
Payout ratio
33.2%
vs. Energy sector
Dividend yield
3.77%
Payout ratio
49.7%

Dividend yield

What is California Resources current dividend yield

California Resources's dividend yield of 2.41% is below the Energy sector and the industry average. In comparison with its Energy sector average of 3.77%, California Resources's dividend yield is 36% lower.

Dividend history

What is CRC dividend payout history and dates

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 19% for the last twelve months. And with the price of the stock down by 1.8% from a year ago, the dividend yield has an increase of 21%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 31, 2024 Jun 14, 2024 May 7, 2024 $0.31 normal
Mar 5, 2024 Mar 18, 2024 Feb 27, 2024 $0.31 normal
Nov 30, 2023 Dec 15, 2023 Nov 1, 2023 $0.31 normal
Aug 31, 2023 Sep 15, 2023 Jul 28, 2023 $0.283 normal
May 31, 2023 Jun 16, 2023 Apr 28, 2023 $0.283 normal
Mar 3, 2023 Mar 16, 2023 Feb 24, 2023 $0.283 normal
Nov 30, 2022 Dec 16, 2022 Nov 2, 2022 $0.283 normal
Aug 31, 2022 Sep 16, 2022 Aug 3, 2022 $0.17 normal
May 31, 2022 Jun 16, 2022 May 5, 2022 $0.17 normal
Mar 4, 2022 Mar 16, 2022 Feb 24, 2022 $0.17 normal

California Resources dividend payout ratio

What is California Resources dividend payout ratio compared to the sector

Payout ratio

California Resources's payout ratio of 33.2% is below the Energy sector and the industry average. Compared to its Energy sector average of 49.7%, California Resources's payout ratio is 33% lower.

Total amount of dividends paid per financial year (from cash flow)

CRC dividend vs peer dividends

How does CRC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CRC California Resources Corp 2.37% $1.21 33.2%
MTDR Matador Resources Co 1.22% $0.75 10.2%

Frequently asked questions

Does California Resources pay a dividend?

Yes, California Resources has been paying dividends for the last three years.

When is California Resources's next dividend?

CRC hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in August 2024.

When was CRC's last dividend?

California Resources's last regular dividend was on May 31, 2024 (ex-date) with the amount of $0.31 per share.

How much dividend does California Resources pay (per share)?

On an annual basis CRC pays $1.21 per share.

What is California Resources's dividend yield?

California Resources's current dividend yield is 2.41%.

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 33.2%.

Does California Resources pay a good dividend?

California Resources's dividend yield is lower than the Energy sector average.