PXD has a dividend yield of 2.15% which is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 3.79%, Pioneer Natural Resources's dividend yield is 43% lower. The historical 5-year average of PXD's dividend yield is 3.1%, which is above the current yield.
Pioneer Natural Resources has a dividend history dating as far as 1994, but consistently the company has been paying dividends for the last 20 consecutive years. Our records show that PXD has distributed eight quarterly dividends in the past year. The annualized dividend per share has a decrease of 49% since twelve months ago. And with the price of the stock up by 17% from a year ago, the dividend yield has a decrease of 56%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 1, 2024 | Mar 22, 2024 | Feb 22, 2024 | $1.25 | normal |
| Mar 1, 2024 | Mar 22, 2024 | Feb 22, 2024 | $1.31 | normal |
| Nov 29, 2023 | Dec 22, 2023 | Nov 2, 2023 | $1.25 | normal |
| Nov 29, 2023 | Dec 22, 2023 | Nov 2, 2023 | $1.95 | normal |
| Sep 5, 2023 | Sep 21, 2023 | Aug 1, 2023 | $1.25 | normal |
| Sep 5, 2023 | Sep 21, 2023 | Aug 1, 2023 | $0.59 | normal |
| May 31, 2023 | Jun 21, 2023 | Apr 26, 2023 | $2.09 | normal |
| May 31, 2023 | Jun 21, 2023 | Apr 26, 2023 | $1.25 | normal |
| Mar 3, 2023 | Mar 17, 2023 | Feb 22, 2023 | $4.48 | normal |
| Mar 3, 2023 | Mar 17, 2023 | Feb 22, 2023 | $1.1 | normal |
| Nov 29, 2022 | Dec 15, 2022 | Oct 27, 2022 | $1.1 | normal |
| Nov 29, 2022 | Dec 15, 2022 | Oct 27, 2022 | $4.61 | normal |
| Sep 2, 2022 | Sep 16, 2022 | Aug 2, 2022 | $1.1 | normal |
| Sep 2, 2022 | Sep 16, 2022 | Aug 2, 2022 | $7.47 | special |
| May 27, 2022 | Jun 14, 2022 | May 4, 2022 | $7.38 | normal |
| Feb 5, 2022 | Mar 14, 2022 | Feb 16, 2022 | $3.78 | normal |
| Dec 30, 2021 | Jan 14, 2022 | Nov 3, 2021 | $0.62 | normal |
| Sep 29, 2021 | Oct 14, 2021 | Aug 26, 2021 | $0.56 | normal |
| Sep 2, 2021 | Sep 17, 2021 | Aug 2, 2021 | $1.51 | normal |
| Jun 29, 2021 | Jul 14, 2021 | May 27, 2021 | $0.56 | normal |
| Dec 30, 2020 | Jan 14, 2021 | Nov 19, 2020 | $0.55 | normal |
| Sep 29, 2020 | Oct 14, 2020 | Aug 20, 2020 | $0.55 | normal |
| Jun 29, 2020 | Jul 14, 2020 | May 21, 2020 | $0.55 | normal |
| Mar 30, 2020 | Apr 14, 2020 | Feb 19, 2020 | $0.55 | normal |
| Dec 30, 2019 | Jan 14, 2020 | Nov 4, 2019 | $0.44 | normal |
| Sep 26, 2019 | Oct 10, 2019 | Aug 6, 2019 | $0.44 | normal |
| Mar 28, 2019 | Apr 12, 2019 | Feb 13, 2019 | $0.32 | normal |
| Sep 27, 2018 | Oct 12, 2018 | Aug 30, 2018 | $0.16 | normal |
| Mar 28, 2018 | Apr 12, 2018 | Feb 6, 2018 | $0.16 | normal |
| Sep 28, 2017 | Oct 12, 2017 | Aug 24, 2017 | $0.04 | normal |
| Mar 29, 2017 | Apr 12, 2017 | Feb 28, 2017 | $0.04 | normal |
| Sep 28, 2016 | Oct 12, 2016 | Aug 25, 2016 | $0.04 | normal |
| Mar 29, 2016 | Apr 12, 2016 | Mar 2, 2016 | $0.04 | normal |
| Sep 28, 2015 | Oct 9, 2015 | Aug 27, 2015 | $0.04 | normal |
PXD has a payout ratio of 27.6% which is higher than its peers average but lower than the Energy sector and the industry average. If we compare it with the Energy sector average of 44.7%, Pioneer Natural Resources's payout ratio is 38% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DVN Devon Energy Corp | 2.92% | $1.5 | 25.6% |
| EOG Eog Resources Inc | 2.63% | $3.47 | 26.5% |
| PXD Pioneer Natural Resources Co | 2.15% | $5.76 | 27.6% |
| SM SM Energy Co | 1.37% | $0.66 | 9.6% |
Yes, Pioneer Natural Resources has paid eight dividends in the last twelve months. PXD has been paying dividends since 2004.
At this point we don't have a record of PXD's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Pioneer Natural Resources's last dividend ex-date was on Mar 1, 2024. The dividend amount was $1.31 per share.
PXD has paid dividend of $5.76 per share in the last year.
Pioneer Natural Resources's current dividend yield is 2.15%.
Pioneer Natural Resources has a quarterly dividend frequency.
Pioneer Natural Resources's dividend payout ratio is 27.6%.
Pioneer Natural Resources's dividend yield is below the Energy sector average.