company-logo

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.

Permian Resources Dividend Announcement

Permian Resources announced a quarterly dividend of $0.21 per ordinary share which will be made payable on 2024-08-27. Ex dividend date: 2024-08-19
Permian Resources annual dividend for 2024 was $0.56
Permian Resources annual dividend for 2023 was $0.27
Permian Resources's trailing twelve-month (TTM) dividend yield is 4.95%
Permian Resources's payout ratio for the trailing twelve months (TTM) is 45.03%

Permian Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-19$0.21quarterly2024-08-27
2024-05-20$0.20quarterly
2024-03-12$0.15quarterly2024-03-21
2023-11-17$0.12quarterly2023-11-28
2023-08-14$0.05quarterly2023-08-23
2023-05-15$0.05quarterly2023-05-24
2023-03-06$0.05quarterly2023-03-15
2022-11-18$0.05quarterly2022-11-29

Permian Resources Dividend per year

Permian Resources Dividend growth

Permian Resources Dividend Yield

Permian Resources current trailing twelve-month (TTM) dividend yield is 4.95%. Interested in purchasing Permian Resources stock? Use our calculator to estimate your expected dividend yield:

Permian Resources Financial Ratios

P/E ratio12.32
PEG ratio0.57
P/B ratio1.01
ROE10.79%
Payout ratio45.03%
Current ratio0.50
Quick ratio0.50
Cash Ratio0.04

Permian Resources Dividend FAQ

How much is the next Permian Resources dividend?
Permian Resources's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Permian Resources dividend. The next Permian Resources dividend will be released in March, May, August, or November.
When is Permian Resources dividend paid?
Permian Resources 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 Permian Resources pay?
The specific amount of Permian Resources 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 Permian Resources's dividend history.
Does Permian Resources stock pay dividends?
Yes, Permian Resources 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 Permian Resources's dividend history.
How much dividend does Permian Resources pay?
Permian Resources paid $0.56 in 2024, $0.27 in 2023, $0.05 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Permian Resources pay dividends?
Permian Resources 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 Permian Resources's dividend yield?
The current dividend yield for Permian Resources is 4.95%. 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 Permian Resources's exact dividend yield.
When does Permian Resources go ex dividend?
Permian Resources's ex-dividend date for the latest dividend was on 2024-08-19. Permian Resources 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 Permian Resources dividend paid?
Permian Resources pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Permian Resources 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 Permian Resources 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 Permian Resources dividend per share?
Permian Resources paid $0.56 per share in 2024 and $0.27 per share in 2023. The amount of dividend per share that Permian Resources 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 Permian Resources 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 Permian Resources 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 Permian Resources a dividend stock?
Yes, Permian Resources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Permian Resources a good dividend stock?
Whether Permian Resources is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Permian Resources has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Permian Resources 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 Permian Resources pay dividends monthly?
Permian Resources typically pays dividends on a quarterly basis.
Does Permian Resources pay dividends quarterly?
Permian Resources currently pays dividends on a quarterly basis.
Has Permian Resources ever paid a dividend?
Yes, Permian Resources has a history of paying dividends to its shareholders. Permian Resources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Permian Resources dividend stocks?
To buy Permian Resources 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 Permian Resources 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 Permian Resources pay dividends 2024?
Permian Resources pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-27. 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 Permian Resources increase its dividend in 2024?
Decisions regarding Permian Resources 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 Permian Resources dividend overview you can look into the above table of dividend history.
How Permian Resources dividend works?
The Permian Resources 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 Permian Resources's dividend process works:

1. Determination of Dividend: Permian Resources'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, Permian Resources 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, Permian Resources 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 Permian Resources 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 Permian Resources dividends paid?
Permian Resources dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Permian Resources 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, Permian Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Permian Resources 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 Permian Resources pay dividends?
Permian Resources 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 Permian Resources pay dividends?
The general pattern is that Permian Resources 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 Permian Resources dividend safe?
The safety of Permian Resources'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 Permian Resources'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 Permian Resources'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.