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Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. As of December 31, 2021, the company's total acreage position was approximately 524,700 gross acres in the Permian Basin; and estimated proved oil and natural gas reserves were 1,788,991 thousand barrels of crude oil equivalent. It also held working interests in 5,289 gross producing wells, as well as royalty interests in 6,455 additional wells. In addition, the company owns mineral interests approximately 930,871 gross acres and 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and owns, operates, develops, and acquires midstream infrastructure assets, including 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Diamondback Energy Dividend Announcement

Diamondback Energy announced a quarterly dividend of $0.90 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-14
Diamondback Energy annual dividend for 2024 was $8.29
Diamondback Energy annual dividend for 2023 was $7.99
Diamondback Energy's trailing twelve-month (TTM) dividend yield is 5.08%
Diamondback Energy's payout ratio for the trailing twelve months (TTM) is 59.52%
Diamondback Energy's dividend growth over the last five years (2018-2023) was 84.38% year

Diamondback Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-14$0.90quarterly2024-11-21
2024-08-15$2.34quarterly2024-08-22
2024-05-14$1.97quarterly2024-05-22
2024-03-04$3.08quarterly2024-03-12
2023-11-15$3.37quarterly2023-11-24
2023-08-09$0.84quarterly2023-08-17
2023-05-10$0.83quarterly2023-05-18
2023-03-02$2.95quarterly2023-03-10
2022-11-16$2.26quarterly2022-11-25
2022-08-15$3.05quarterly2022-08-23
2022-05-11$3.05quarterly2022-05-23
2022-03-03$0.60quarterly2022-03-11
2021-11-09$0.50quarterly2021-11-18
2021-08-11$0.45quarterly2021-08-19
2021-05-12$0.40quarterly2021-05-20
2021-03-03$0.40quarterly2021-03-11
2020-11-10$0.38quarterly2020-11-19
2020-08-12$0.38quarterly2020-08-20
2020-05-13$0.38quarterly2020-05-21
2020-03-02$0.38quarterly2020-03-10
2019-11-14$0.19quarterly2019-11-22
2019-08-15$0.19quarterly2019-08-26
2019-05-24$0.19quarterly2019-06-04
2019-02-20$0.12quarterly2019-02-28
2018-11-16$0.12quarterly2018-11-26
2018-08-17$0.12quarterly2018-08-27
2018-05-18$0.12quarterly2018-05-29

Diamondback Energy Dividend per year

Diamondback Energy Dividend growth

Diamondback Energy Dividend Yield

Diamondback Energy current trailing twelve-month (TTM) dividend yield is 5.08%. Interested in purchasing Diamondback Energy stock? Use our calculator to estimate your expected dividend yield:

Diamondback Energy Financial Ratios

P/E ratio10.37
PEG ratio0.08
P/B ratio0.89
ROE14.58%
Payout ratio59.52%
Current ratio0.45
Quick ratio0.42
Cash Ratio0.08

Diamondback Energy Dividend FAQ

How much is the next Diamondback Energy dividend?
Diamondback Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Diamondback Energy dividend. The next Diamondback Energy dividend will be released in March, May, August, or November.
When is Diamondback Energy dividend paid?
Diamondback Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Diamondback Energy pay?
The specific amount of Diamondback Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Diamondback Energy's dividend history.
Does Diamondback Energy stock pay dividends?
Yes, Diamondback Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Diamondback Energy's dividend history.
How much dividend does Diamondback Energy pay?
Diamondback Energy paid $8.29 in 2024, $7.99 in 2023, $8.96 in 2022, $1.75 in 2021, and $1.5 in 2020.
How often does Diamondback Energy pay dividends?
Diamondback Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Diamondback Energy's dividend yield?
The current dividend yield for Diamondback Energy is 5.08%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Diamondback Energy's exact dividend yield.
When does Diamondback Energy go ex dividend?
Diamondback Energy's ex-dividend date for the latest dividend was on 2024-11-14. Diamondback Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Diamondback Energy dividend paid?
Diamondback Energy pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Diamondback Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Diamondback Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Diamondback Energy dividend per share?
Diamondback Energy paid $8.29 per share in 2024 and $7.99 per share in 2023. The amount of dividend per share that Diamondback Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Diamondback Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Diamondback Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Diamondback Energy a dividend stock?
Yes, Diamondback Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Diamondback Energy a good dividend stock?
Whether Diamondback Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Diamondback Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Diamondback Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Diamondback Energy pay dividends monthly?
Diamondback Energy typically pays dividends on a quarterly basis.
Does Diamondback Energy pay dividends quarterly?
Diamondback Energy currently pays dividends on a quarterly basis.
Has Diamondback Energy ever paid a dividend?
Yes, Diamondback Energy has a history of paying dividends to its shareholders. Diamondback Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Diamondback Energy dividend stocks?
To buy Diamondback Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Diamondback Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Diamondback Energy pay dividends 2024?
Diamondback Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Diamondback Energy increase its dividend in 2024?
Decisions regarding Diamondback Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Diamondback Energy dividend overview you can look into the above table of dividend history.
How Diamondback Energy dividend works?
The Diamondback Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Diamondback Energy's dividend process works:

1. Determination of Dividend: Diamondback Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Diamondback Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Diamondback Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Diamondback Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Diamondback Energy dividends paid?
Diamondback Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Diamondback Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Diamondback Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Diamondback Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Diamondback Energy pay dividends?
Diamondback Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Diamondback Energy pay dividends?
The general pattern is that Diamondback Energy pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Diamondback Energy dividend safe?
The safety of Diamondback Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Diamondback Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Diamondback Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.