California Resources Dividend
Dividend criteria checks 3/6
California Resources is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
14%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$8.20 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year
May 19
California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.2825
May 05Recent updates
Why 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 16California Resources lifts dividend by 66% to $0.2825/share, boosts share buyback plan by $200M
Nov 03Calculating The Intrinsic Value Of California Resources Corporation (NYSE:CRC)
Oct 27California Resources: Taking Stock Of California Regulatory Changes
Oct 25California Resources GAAP EPS of $0.16, revenue of $220.6M
Aug 03California Resources: Hedging Strategy To Change
Jun 14Finally A Viable Strategy For California Resources
Jan 17California Resources Corporation Is An Interesting Investment Post Bankruptcy
Dec 06California Resources: The Environmental Energy Play
Oct 05California Resources (CRC) Investor Presentation - Slideshow
Jun 16California Resources (CRC) Presents At Wells Fargo Energy Conference - Slideshow
Jun 04California Resources announces private offering of $600M senior unsecured notes
Jan 13California Resources CEO to step down at year-end
Dec 21Stability 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 2 years.
Dividend Yield vs Market
| California Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CRC) | 2.3% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast in 3 Years (CRC) | 2.3% |
Notable Dividend: CRC's dividend (2.26%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: CRC's dividend (2.26%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.3%), CRC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.2%), CRC's dividend payments are well covered by cash flows.