California Resources Dividends and Buybacks
Dividend criteria checks 3/6
California Resources is a dividend paying company with a current yield of 2.71% 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 | 5.3% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 19.2% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | US$1.550 |
| Payout ratio | 18% |
Recent dividend and buyback updates
California Resources (NYSE:CRC) Has Announced A Dividend Of $0.3875
Nov 10
California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875
Aug 10Recent updates
California 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 Corporation (NYSE:CRC) Could Be Riskier Than It Looks
Jan 02California Resources: The Future Of Oil Is In California
Nov 07The Trend Of High Returns At California Resources (NYSE:CRC) Has Us Very Interested
Nov 02California Resources Corporation: Making Moves And Delivering Value
Oct 11We Ran A Stock Scan For Earnings Growth And California Resources (NYSE:CRC) Passed With Ease
Sep 18California Resources: Carbon Capture And Potential Separation From Oil Production
Sep 13California Resources (NYSE:CRC) Is Very Good At Capital Allocation
Jul 22With EPS Growth And More, California Resources (NYSE:CRC) Makes An Interesting Case
Jun 16California 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 23California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year
May 19California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.2825
May 05Industry Analysts Just Upgraded Their California Resources Corporation (NYSE:CRC) Revenue Forecasts By 12%
May 04California Resources (NYSE:CRC) Is Increasing Its Dividend To $0.2825
Mar 02California Resources declares $0.2825 dividend
Feb 24California Resources (NYSE:CRC) Is Doing The Right Things To Multiply Its Share Price
Feb 05Earnings Working Against California Resources Corporation's (NYSE:CRC) Share Price
Jan 09California Resources (NYSE:CRC) Posted Weak Earnings But There Is More To Worry About
Nov 17California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year
Nov 16Upcoming Dividend Payment
Stability 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) | 2.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (CRC) (up to 3 years) | 2.9% |
Notable Dividend: CRC's dividend (2.71%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CRC's dividend (2.71%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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 (47.1%), CRC's dividend payments are well covered by cash flows.