California Resources Dividends and Buybacks
Dividend criteria checks 3/6
California Resources is a dividend paying company with a current yield of 2.89% that is well covered by earnings.
Key information
2.9%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 19.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.550 |
| Payout ratio | 18% |
Recent dividend and buyback updates
California Resources (NYSE:CRC) Will Pay A Dividend Of $0.3875
Nov 26
California Resources (NYSE:CRC) Has Announced A Dividend Of $0.3875
Nov 10California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875
Aug 10Recent updates
We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt
Jan 09California Resources (NYSE:CRC) Will Pay A Dividend Of $0.3875
Nov 26California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think
Nov 13California Resources (NYSE:CRC) Has Announced A Dividend Of $0.3875
Nov 10Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?
Oct 15A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price
Sep 23California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875
Aug 10California Resources Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Aug 09California Resources Corporation (NYSE:CRC) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 05Return Trends At California Resources (NYSE:CRC) Aren't Appealing
Jun 17We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt
May 23California Resources Corporation's (NYSE:CRC) Price Is Right But Growth Is Lacking
May 01Why We Like The Returns At California Resources (NYSE:CRC)
Feb 01California Resources: The Future Of Oil Is In California
Nov 07California Resources Corporation: Making Moves And Delivering Value
Oct 11California Resources: Carbon Capture And Potential Separation From Oil Production
Sep 13California Resources Corporation: Despite State Challenges, FCF Remains Strong
Jun 10How To Short Stocks; Bitcoin Miners, Energy Picks And A High Conviction Play With Kirk Spano And CashFlow Hunter
May 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CRC has been paying a dividend for less than 10 years.
Growing Dividend: CRC'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 (CRC) | 2.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (CRC) (up to 3 years) | 2.9% |
Notable Dividend: CRC's dividend (2.89%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CRC's dividend (2.89%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.3%), CRC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.9%), CRC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 16:49 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
California Resources Corporation is covered by 29 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Betty Jiang | Barclays |
| Kaleinoheaokeala Akamine | BofA Global Research |
| William Frohnhoefer | BTIG |