Diamondback Energy Dividends and Buybacks
Dividend criteria checks 2/6
Diamondback Energy is a dividend paying company with a current yield of 4.47% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 13th November, 2024.
Key information
4.5%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 4.9% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 28.2% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 13 Nov 24 |
| Dividend per share | R$47.951 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: F1AN34 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: F1AN34's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Diamondback Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (F1AN34) | 4.5% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Oil and Gas) | 14.0% |
| Analyst forecast (F1AN34) (up to 3 years) | 3.6% |
Notable Dividend: F1AN34's dividend (4.47%) is higher than the bottom 25% of dividend payers in the BR market (2.95%).
High Dividend: F1AN34's dividend (4.47%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.9%), F1AN34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: F1AN34 is paying a dividend but the company has no free cash flows.