Permian Resources Dividend
Dividend criteria checks 2/6
Permian Resources is a dividend paying company with a current yield of 3.58% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
3.6%
Dividend yield
37%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 29 May 24 |
| Ex dividend date | 20 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.89 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Permian Resources (NYSE:PR) Has Announced That It Will Be Increasing Its Dividend To $0.20
May 11
Permian Resources: A Growth Company With A Lot Of Growth Left
May 08Permian Resources: Now Projected To Generate Over $1.5 Billion In 2024 FCF
Apr 17Permian Resources Corporation's (NYSE:PR) Business Is Trailing The Market But Its Shares Aren't
Apr 01Permian Resources Continues To Make Smaller Acquisitions (Rating Upgrade)
Feb 03Permian Resources: Solid Performance, Stretched Valuation, Time To Take Profits
Jan 18Are Investors Undervaluing Permian Resources Corporation (NYSE:PR) By 46%?
Dec 24Permian Resources: Solid Q3 And Completed Acquisition
Nov 14Permian Resources: Earthstone Energy Acquisition Should Close Soon
Oct 25Here's Why Permian Resources (NYSE:PR) Has Caught The Eye Of Investors
Oct 11Is There An Opportunity With Permian Resources Corporation's (NYSE:PR) 44% Undervaluation?
Sep 17Permian Basin Consolidation Continues With Permian Resources' Acquisition Of Earthstone Energy
Aug 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PR has been paying a dividend for less than 10 years.
Growing Dividend: PR's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Permian Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PR) | 3.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast in 3 Years (PR) | 2.9% |
Notable Dividend: PR's dividend (3.58%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: PR's dividend (3.58%) is low compared to the top 25% of dividend payers in the US market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.3%), PR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.2%), PR's dividend payments are not well covered by cash flows.