Current Yield
2.39%
TTM Dividend/Share
$4.15
Payment Frequency
Quarterly
Payout Ratio
488.2%
Consecutive Growth Years
0
Key takeaways
- Diamondback Energy (FANG) currently yields 2.39%, paying $4.15 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 488.2% — the share of earnings distributed as dividends.
- 3 of 7 dividend safety checks passed.
- 5-year dividend CAGR of 21.67% (growth is decelerating).
Dividend yield valuation for Diamondback Energy (FANG)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Below average — potentially overvalued |
Current yield (now) | 2.39% |
1-year average yield | 2.66%now 0.27 pp below |
3-year average yield | 4.11%now 1.72 pp below |
5-year average yield | 4.10%now 1.71 pp below |
FANG: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Diamondback Energy (FANG)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 24.1% |
FCF payout ratio | 26.1% |
Net debt / EBITDA | 2.5x |
Interest coverage | 12.59x |
ROIC (TTM) | 1.4% |
Dividend safety score for Diamondback Energy (FANG)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
3 of 7 checks passed
Payout ratio below 75%
Payout ratio is 488.2%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $431M — FCF fully covers the payout.
No dividend cuts in 8 years
5 dividend cut(s) in 8 years of data.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
8+ years of consecutive growth
N/A — only 8 years of data available (need 10+).
FCF payout ratio below 70%
FCF payout ratio is 26.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 2.5x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (21.7%) exceeds EPS growth (-35.2%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
33 payments from 2018 to 2026 · Adj. Dividend is split-adjusted
| May 14, 2026 | May 21, 2026 | $1.1000 | $1.1000 |
| Mar 5, 2026 | Mar 12, 2026 | $1.0500 | $1.0500 |
| Nov 13, 2025 | Nov 20, 2025 | $1.0000 | $1.0000 |
| Aug 14, 2025 | Aug 21, 2025 | $1.0000 | $1.0000 |
| May 15, 2025 | May 22, 2025 | $1.0000 | $1.0000 |
| Mar 6, 2025 | Mar 13, 2025 | $1.0000 | $1.0000 |
| Nov 14, 2024 | Nov 21, 2024 | $0.9000 | $0.9000 |
| Aug 15, 2024 | Aug 22, 2024 | $2.3400 | $2.3400 |
| May 14, 2024 | May 22, 2024 | $1.9700 | $1.9700 |
| Mar 4, 2024 | Mar 12, 2024 | $3.0800 | $3.0800 |
| Nov 15, 2023 | Nov 24, 2023 | $3.3700 | $3.3700 |
| Aug 9, 2023 | Aug 17, 2023 | $0.8400 | $0.8400 |
- May 14, 2026$1.1000
- Mar 5, 2026$1.0500
- Nov 13, 2025$1.0000
- Aug 14, 2025$1.0000
- May 15, 2025$1.0000
- Mar 6, 2025$1.0000
- Nov 14, 2024$0.9000
- Aug 15, 2024$2.3400
- May 14, 2024$1.9700
- Mar 4, 2024$3.0800
- Nov 15, 2023$3.3700
- Aug 9, 2023$0.8400
Historical dividend yield for Diamondback Energy (FANG)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 2.66%5Y: 4.10%
Dividend per share for Diamondback Energy (FANG)
CAGR (per year)1Y: -51.75%5Y: 21.67%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 2018 | $0.38 | 3 |
| 2019 | $0.69 | 4 |
| 2020 | $1.50 | 4 |
| 2021 | $1.75 | 4 |
| 2022 | $8.96 | 4 |
| 2023 | $7.99 | 4 |
| 2024 | $8.29 | 4 |
| 2025 | $4.00 | 4 |
| 2026 | $2.15 | 2 |
Dividend growth for Diamondback Energy (FANG)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
The table shows 4 year-over-year increases across 7 calendar years of data (2019–2025).
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $4.0000 | — | — |
| 2025 | $8.2900 | $4.0000 | -51.7% |
| 2024 | $7.9900 | $8.2900 | +3.8% |
| 2023 | $8.9600 | $7.9900 | -10.8% |
| 2022 | $1.7500 | $8.9600 | +412.0% |
| 2021 | $1.5000 | $1.7500 | +16.7% |
| 2020 | $0.6875 | $1.5000 | +118.2% |
| 2019 | — | $0.6875 | — |
- 2026—
- 2025$4.0000
- 2024$8.2900
- 2023$7.9900
- 2022$8.9600
- 2021$1.7500
- 2020$1.5000
- 2019$0.6875
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Diamondback Energy (FANG) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation