Diamondback Energy initiates dividend in 2018 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Diamondback Energy As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Diamondback Energy As of October 10, 2023	FANG	$3.36	12.0%	50.0%	33.3%
Oil & Gas Production	2.1%	5	46.4%	Quarter	2018

Diamondback Energy initiates dividend

Tuesday 8 May 2018

Diamondback Energy, Inc. (FANG) will start paying a quarterly dividend of $0.125 per share in the second quarter of 2018.

The next dividend will be payable on May 29, 2018, to shareholders of record at the close of business on May 21, 2018. At the current stock price of $124 the indicated dividend yield for FANG is 0.4%.

Diamondback Energy, Inc. is an independent oil and natural gas company. The company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. The company's operations are directed primarily at the large acreage areas of the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations, collectively known as the Wolfberry Trend. Diamondback Energy became a public company in 2012 and initiated a quarterly dividend in 2018.

Diamondback Energy

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