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California Resources (FRA:1CLD) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is California Resources 3-Year Dividend Growth Rate?

California Resources's Dividends per Share for the three months ended in Mar. 2024 was €0.29.

The historical rank and industry rank for California Resources's 3-Year Dividend Growth Rate or its related term are showing as below:

FRA:1CLD's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, California Resources's average Dividends Per Share Growth Rate was 30.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

California Resources's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.73. As of today, California Resources's Dividend Yield % is 2.58%.

Good Sign:

California Resources Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of California Resources's 3-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, California Resources's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


California Resources's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, California Resources's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where California Resources's 3-Year Dividend Growth Rate falls into.



California Resources 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


California Resources  (FRA:1CLD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

California Resources's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.285/ 0.391
=0.73

During the past 13 years, the highest Dividend Payout Ratio of California Resources was 0.37. The lowest was 0.01. And the median was 0.07.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

California Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3100002024-05-312024-05-312024-06-14Cash DividendquarterlyUSD:EUR 0.920000
USD 0.3100002024-03-052024-03-062024-03-18Cash DividendquarterlyUSD:EUR 0.920000
USD 0.3100002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:EUR 0.924000
USD 0.2825002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:EUR 0.917000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

California Resources's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.1158925/43.40
=2.57 %

Current Share Price is €43.40.
California Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.1158925.

During the past 13 years, the highest Dividend Yield of California Resources was 2.58%. The lowest was 0.34%. And the median was 1.84%.

Good Sign:

California Resources Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


California Resources 3-Year Dividend Growth Rate Related Terms>


California Resources (FRA:1CLD) Business Description

Traded in Other Exchanges
Address
1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. CRC has a large portfolio of lower-risk conventional opportunities in the following California oil and gas basins: San Joaquin, Los Angeles, Ventura, and Sacramento.

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