Diamondback Energy As of September 21, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
FANG $1.80 20.0% 100.0% 50.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Oil & Gas Production 2.2% 3 N/A Quarter 2018
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Diamondback Energy hikes dividend by 12.5%

Diamondback Energy, Inc. (FANG) will raise its quarterly dividend by another 12.5 percent in 2021 to 45 cents per share. This is the second dividend hike announced in 2021.

The next dividend is payable on August 19, 2021, to stockholders of record at the close of business on August 12, 2021. A new annual rate of $1.80 per share yields 2.3% at a stock price of $80.66.

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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 23 XRAY 0.7% 10.0%
Sep 23 SRE 3.4% 5.3%
Sep 23 FLS 2.3% 0.0%
Sep 23 MDT 2.0% 8.6%
Sep 23 RL 2.5% 0.0%
Sep 23 IFF 2.4% 2.6%
Sep 24 EQR 3.0% 0.0%
Sep 24 GE 0.3% 0.0%
Sep 24 CERN 1.2% 0.0%
Sep 27 AMT 1.8% 5.0%