PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico. It also offers various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. As of December 31, 2021, the company owned and operated six oil refineries and related assets. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.
PBF Energy Dividend Announcement
• PBF Energy announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-13
• PBF Energy annual dividend for 2024 was $1.02
• PBF Energy annual dividend for 2023 was $0.85
• PBF Energy's trailing twelve-month (TTM) dividend yield is 3.53%
• PBF Energy's payout ratio for the trailing twelve months (TTM) is -40.25%
PBF Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-13 | $0.28 | quarterly | 2024-11-27 |
2024-08-15 | $0.25 | quarterly | 2024-08-29 |
2024-05-15 | $0.25 | quarterly | 2024-05-30 |
2024-02-28 | $0.25 | quarterly | 2024-03-14 |
2023-11-14 | $0.25 | quarterly | 2023-11-30 |
2023-08-16 | $0.20 | quarterly | 2023-08-31 |
2023-05-16 | $0.20 | quarterly | 2023-05-31 |
2023-02-28 | $0.20 | quarterly | 2023-03-16 |
2022-11-10 | $0.20 | quarterly | 2022-11-29 |
2020-02-24 | $0.30 | quarterly | 2020-03-17 |
2019-11-13 | $0.30 | quarterly | 2019-11-26 |
2019-08-14 | $0.30 | quarterly | 2019-08-30 |
2019-05-14 | $0.30 | quarterly | 2019-05-30 |
2019-02-27 | $0.30 | quarterly | 2019-03-14 |
2018-11-14 | $0.30 | quarterly | 2018-11-30 |
2018-08-14 | $0.30 | quarterly | 2018-08-30 |
2018-05-14 | $0.30 | quarterly | 2018-05-30 |
2018-02-27 | $0.30 | quarterly | 2018-03-14 |
2017-11-10 | $0.30 | quarterly | 2017-11-29 |
2017-08-11 | $0.30 | quarterly | 2017-08-31 |
2017-05-12 | $0.30 | quarterly | 2017-05-31 |
2017-02-23 | $0.30 | quarterly | 2017-03-13 |
2016-11-04 | $0.30 | quarterly | 2016-11-22 |
2016-08-05 | $0.30 | quarterly | 2016-08-23 |
2016-05-11 | $0.30 | quarterly | 2016-05-31 |
2016-02-18 | $0.30 | quarterly | 2016-03-08 |
2015-11-05 | $0.30 | quarterly | 2015-11-24 |
2015-08-06 | $0.30 | quarterly | 2015-08-25 |
2015-05-07 | $0.30 | quarterly | 2015-05-27 |
2015-02-19 | $0.30 | quarterly | 2015-03-10 |
2014-11-06 | $0.30 | quarterly | 2014-11-25 |
2014-08-07 | $0.30 | quarterly | 2014-08-27 |
2014-05-08 | $0.30 | quarterly | 2014-05-29 |
2014-02-28 | $0.30 | quarterly | 2014-03-14 |
2013-11-13 | $0.30 | quarterly | 2013-11-21 |
2013-08-08 | $0.30 | quarterly | 2013-08-21 |
2013-05-17 | $0.30 | quarterly | 2013-06-07 |
2013-03-01 | $0.30 | quarterly | 2013-03-15 |
PBF Energy Dividend per year
PBF Energy Dividend growth
PBF Energy Dividend Yield
PBF Energy current trailing twelve-month (TTM) dividend yield is 3.53%. Interested in purchasing PBF Energy stock? Use our calculator to estimate your expected dividend yield:
PBF Energy Financial Ratios
PBF Energy Dividend FAQ
Other factors to consider when evaluating PBF 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.
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1. Determination of Dividend: PBF 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, PBF 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, PBF 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 PBF 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.
1. Record Date: PBF 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, PBF 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: PBF 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.
To assess the safety of PBF 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 PBF 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.