Trailing Dividend / Share
$4.00
Diamondback Energy, Inc. (FANG) Dividend History
Income profile from 2018 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.3%
Payout Ratio
69.5%
Watch
Dividend Streak
0 years
3-Second 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.
Dividend Scorecard
Yield & Income
Dividend Yield2.3%
Trailing DPS$4.00
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings Payout69.5%
Earnings SafetyWatch
FCF Payout85.0%
FCF SafetyStretched
Piotroski F-Score4/9
Growth
Growth Streak0 years
3Y CAGR-23.6%
5Y CAGR21.7%
Yield on Cost (5Y)8.2%
YOC Trendrising
Total Returns
Buyback Yield4.1%
Total Shareholder Yield6.4%
1Y Total Return12.0%
5Y Total Return178.4%
Div Contribution (5Y)42.1%
Estimated $10K growth (return + dividends):
5Y ago$27,84010Y ago$29,14120Y ago$118,647
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (9 years of payments)
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 85.0%, rated "Stretched".
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: 2.3% dividend yield, 4.1% buyback yield, 6.4% 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 178.4%, with dividends contributing 42.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $29,141 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$31.64
Avg/Payment$1.5820
Latest Change+5.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 5, 2026Latest | $1.0500 | ↑ +5.0% | 2.33% | 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 |
Dividend Peer Comparison
Peer group: U.S. shale oil focused producers
#8 yield in peer group
Div Yield
2.3%
#8 of 9
Safety
Watch
69.5% payout
Streak
0Y
21.7% 5Y CAGR
Total Shareholder
6.4%
#3 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
FANGDiamondback Energy, … | $49.5B | 2.3% | 69.5% | 0 | Watch |
EOGEOG Resources, Inc. | $67.3B | 3.2% | — | 1 | Unknown |
DVNDevon Energy Corpora… | $27.0B | 2.3% | 23.4% | 0 | Sustainable |
OVVOvintiv Inc. | $12.8B | 2.3% | 24.8% | 5 | Sustainable |
MTDRMatador Resources Co… | $6.5B | 2.5% | — | 5 | Unknown |
2nd CHRDChord Energy Corpora… | $6.2B | 5.1% | — | 0 | Unknown |
3rd SMSM Energy Company | $2.7B | 3.5% | — | 4 | Unknown |
1st CIVICivitas Resources, I… | $2.3B | 18.2% | 58.9% | 0 | Sustainable |
PRPermian Resources Co… | $1.5B | 3.3% | — | 0 | Unknown |
Annual Dividend History
18 years of dividend data
GrowthDecline
| 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 | — | — | — |
See FANG's True Return
Price is only half the story. See total return with reinvested dividends.
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See how FANG stacks up against sector leader California Resources Corporation.
Start ComparisonFrequently Asked Questions
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 +2.3%. 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 +85.0%. 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 $27,840 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 +2.3% market yield, thanks to consistent dividend growth.