Diamondback Energy, Inc. (FANG) Dividend History
Income profile from 2018 to 2026 with payout safety and yield-on-cost trend
FANG Dividend Income Check
Safety
69.5% payout ratio with watch safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 8.2% and trend is rising.
FANG Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). FANG's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
FANG Income Growth Story
Dividend per share and yield on cost over time (9 years of payments)
FANG Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Diamondback Energy, Inc. distributes 69.5% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 70.7%, rated "Adequate".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
FANG does not have a current streak of consecutive dividend increases, with a 3-year CAGR of -23.6% and 5-year CAGR of 21.7%.
Total Shareholder Returns
Beyond cash dividends, FANG returns capital through share repurchases. The combined picture: 1.9% dividend yield, 3.5% buyback yield, 5.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 8.2% and is currently rising. The 5-year total return is 186.1%, with dividends contributing 38.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,462 today.
FANG Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 5, 2026Latest | $1.0500 | ↑ +5.0% | 2.26% | Mar 12, 2026 |
| Nov 13, 2025 | $1.0000 | — | 2.77% | Nov 20, 2025 |
| Aug 14, 2025 | $1.0000 | — | 2.77% | Aug 21, 2025 |
| May 15, 2025 | $1.0000 | — | 3.69% | May 22, 2025 |
| Mar 6, 2025 | $1.0000 | ↑ +11.1% | 4.44% | Mar 13, 2025 |
| Nov 14, 2024 | $0.9000 | ↓ -61.5% | 4.54% | Nov 21, 2024 |
| Aug 15, 2024 | $2.3400 | ↑ +18.8% | 5.47% | Aug 22, 2024 |
| May 14, 2024 | $1.9700 | ↓ -36.0% | 4.68% | May 22, 2024 |
FANG Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $58.0B | 1.9% | 69.5% | 0 | Watch | |
| $7.9B | 2.1% | — | 5 | Unknown | |
| $27.1B | 2.5% | 39.7% | 1 | Sustainable | |
3rd | $3.6B | 2.6% | — | 4 | Unknown |
1st | $75.4B | 2.8% | 43.4% | 1 | Sustainable |
| $31.7B | 1.9% | 23.4% | 0 | Sustainable | |
| $16.0B | 1.9% | 24.8% | 5 | Sustainable | |
2nd | $150.3B | 2.6% | 50.0% | 1 | Sustainable |
FANG Annual Dividend History (2009–2026)
18 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.05 | — | 1 | — | — | — | 2.1% |
| 2025 | $4.00 | -51.7% | 4 | $5.73 | 69.8% | 1.43x | 8.2% |
| 2024 | $8.29 | 3.8% | 4 | $15.53 | 53.4% | 1.87x | 16.9% |
| 2023 | $7.99 | -10.8% | 4 | $17.34 | 46.1% | 2.17x | 16.3% |
| 2022 | $8.96 | 412.0% | 4 | $24.61 | 36.4% | 2.75x | 18.3% |
| 2021 | $1.75 | 16.7% | 4 | $12.30 | 14.2% | 7.03x | 3.6% |
| 2020 | $1.50 | 118.2% | 4 | $-28.59 | — | — | 3.1% |
| 2019 | $0.69 | 83.3% | 4 | $1.46 | 47.1% | 2.12x | 1.4% |
| 2018 | $0.38 | — | 3 | $8.06 | 4.7% | 21.49x | 0.8% |
| 2017 | $0.00 | — | 0 | $4.94 | — | — | — |
Full FANG Stock Analysis
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See FANG's True Return
Price is only half the story. See total return with reinvested dividends.
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Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonFANG — Frequently Asked Questions
Quick answers to the most common questions about buying FANG stock.
How much dividend does FANG pay per share?
Diamondback Energy, Inc. (FANG) pays a trailing 12-month dividend of $4.00 per share, with a current dividend yield of +1.9%. Payments are made Annual.
When is FANG's next ex-dividend date?
FANG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. FANG typically pays dividends Annual.
Is FANG's dividend safe?
FANG's dividend safety is rated "Watch" based on an earnings payout ratio of +69.5% and FCF payout ratio of +70.7%. The dividend history does not yet show a prolonged growth streak.
How many years has FANG increased its dividend?
FANG has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +21.7%.
How often does FANG pay dividends?
Diamondback Energy, Inc. pays dividends Annual. The trailing 12-month total is $4.00 per share. Dividend data on this page covers 8+ years from 2018 to 2026.
How much would $10,000 invested in FANG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in FANG five years ago would be worth approximately $28,612 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is FANG's yield on cost for long-term holders?
FANG's yield on cost — the current dividend divided by the original purchase price — is +8.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.9% market yield, thanks to consistent dividend growth.