California Resources is a dividend paying company with a current yield of 2.59% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
2.6%
Dividend yield
32%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
14 Jun 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
€3.69
Dividend yield forecast in 3Y
2.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1CLD has been paying a dividend for less than 10 years.
Growing Dividend: 1CLD's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
California Resources Dividend Yield vs Market
How does 1CLD dividend yield compare to the market?
Segment
Dividend Yield
Company (1CLD)
2.6%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Oil and Gas)
3.1%
Analyst forecast in 3 Years (1CLD)
2.6%
Notable Dividend: 1CLD's dividend (2.59%) is higher than the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: 1CLD's dividend (2.59%) is low compared to the top 25% of dividend payers in the German market (4.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), 1CLD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.7%), 1CLD's dividend payments are well covered by cash flows.