California Resources Dividends and Buybacks
Dividend criteria checks 3/6
California Resources is a dividend paying company with a current yield of 2.65% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
2.7%
Dividend yield
2.6%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 18.7% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | €1.550 |
| Payout ratio | 18% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1CLD) | 2.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (1CLD) (up to 3 years) | 2.9% |
Notable Dividend: 1CLD's dividend (2.65%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 1CLD's dividend (2.65%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.3%), 1CLD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.1%), 1CLD's dividend payments are well covered by cash flows.