Civitas Resources Dividends and Buybacks

Dividend criteria checks 3/6

Civitas Resources is a dividend paying company with a current yield of 9.41% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 13th December, 2024.

Key information

9.4%

Dividend yield

5.5%

Buyback Yield

Total Shareholder Yield14.9%
Future Dividend Yield4.1%
Dividend Growth23.6%
Next dividend pay date27 Dec 24
Ex dividend date13 Dec 24
Dividend per shareUS$4.970
Payout ratio60%

Recent dividend and buyback updates

Recent updates

Civitas Resources (NYSE:CIVI) Takes On Some Risk With Its Use Of Debt

Nov 03
Civitas Resources (NYSE:CIVI) Takes On Some Risk With Its Use Of Debt

Civitas Resources: A Strategic Growth And Value Play Opportunity

Oct 15

Civitas Resources Stock: Substantial Upside Potential

Sep 19

Investors Aren't Entirely Convinced By Civitas Resources, Inc.'s (NYSE:CIVI) Earnings

Sep 02
Investors Aren't Entirely Convinced By Civitas Resources, Inc.'s (NYSE:CIVI) Earnings

Civitas Resources, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Aug 04
Civitas Resources, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Civitas Resources: M&A Driven Growth, And Very Undervalued

Jul 18

Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 42% Above Its Share Price

Jul 12
Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 42% Above Its Share Price

Civitas Resources: The Acquisitions Continue

May 21

Take Care Before Diving Into The Deep End On Civitas Resources, Inc. (NYSE:CIVI)

May 03
Take Care Before Diving Into The Deep End On Civitas Resources, Inc. (NYSE:CIVI)

Is Civitas Resources (NYSE:CIVI) Using Too Much Debt?

Apr 15
Is Civitas Resources (NYSE:CIVI) Using Too Much Debt?

Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 99% Above Its Share Price

Mar 24
Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 99% Above Its Share Price

Civitas Resources, Inc. (NYSE:CIVI) Screens Well But There Might Be A Catch

Dec 27
Civitas Resources, Inc. (NYSE:CIVI) Screens Well But There Might Be A Catch

Civitas: Higher For Longer

Dec 17

Civitas Resources (NYSE:CIVI) Takes On Some Risk With Its Use Of Debt

Dec 04
Civitas Resources (NYSE:CIVI) Takes On Some Risk With Its Use Of Debt

Civitas Resources Bolsters Its Permian Position With Low-Priced Acquisition

Oct 05

Does Civitas Resources (NYSE:CIVI) Have A Healthy Balance Sheet?

Aug 31
Does Civitas Resources (NYSE:CIVI) Have A Healthy Balance Sheet?

Civitas Resources, Inc. (NYSE:CIVI) Shares Could Be 37% Below Their Intrinsic Value Estimate

Aug 10
Civitas Resources, Inc. (NYSE:CIVI) Shares Could Be 37% Below Their Intrinsic Value Estimate

Civitas Resources: Essential Basin Diversification

Aug 02

We Ran A Stock Scan For Earnings Growth And Civitas Resources (NYSE:CIVI) Passed With Ease

Jun 23
We Ran A Stock Scan For Earnings Growth And Civitas Resources (NYSE:CIVI) Passed With Ease

Civitas Leaps Into The Permian Basin With $4.7 Billion Double Splash

Jun 21

Upcoming Dividend Payment

TodayNov 23 2024Ex Dividend DateDec 13 2024Dividend Pay DateDec 27 202414 days from Ex DividendBuy in the next 19 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CIVI has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CIVI's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Civitas Resources Dividend Yield vs Market
How does CIVI dividend yield compare to the market?
SegmentDividend Yield
Company (CIVI)9.4%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Oil and Gas)3.7%
Analyst forecast (CIVI) (up to 3 years)4.1%

Notable Dividend: CIVI's dividend (9.41%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: CIVI's dividend (9.41%) is in the top 25% of dividend payers in the US market (4.21%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60%), CIVI's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (91.6%), CIVI's dividend payments are not well covered by cash flows.


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