Diamondback Energy is a dividend paying company with a current yield of 4.66% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
4.7%
Dividend yield
52%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
22 May 24
Ex dividend date
14 May 24
Dividend per share
n/a
Earnings per share
€17.81
Dividend yield forecast in 3Y
4.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7DB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 7DB's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Diamondback Energy Dividend Yield vs Market
How does 7DB dividend yield compare to the market?
Segment
Dividend Yield
Company (7DB)
4.7%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Oil and Gas)
3.3%
Analyst forecast in 3 Years (7DB)
4.3%
Notable Dividend: 7DB's dividend (4.66%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 7DB's dividend (4.66%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), 7DB's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.5%), 7DB's dividend payments are covered by cash flows.