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California Resources (California Resources) Dividend Yield % : 2.29% (As of May. 04, 2024)


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What is California Resources Dividend Yield %?

As of today (2024-05-04), the Trailing Annual Dividend Yield of California Resources is 2.29%.

Good Sign:

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

The historical rank and industry rank for California Resources's Dividend Yield % or its related term are showing as below:

CRC' s Dividend Yield % Range Over the Past 10 Years
Min: 0.34   Med: 1.84   Max: 2.48
Current: 2.29

During the past 13 years, the highest Dividend Yield of California Resources was 2.48%. The lowest was 0.34%. And the median was 1.84%.

CRC's Dividend Yield % is ranked worse than
74.34% of 495 companies
in the Oil & Gas industry
Industry Median: 4.03 vs CRC: 2.29

California Resources's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.26.

During the past 13 years, the highest Dividend Payout Ratio of California Resources was 0.18. The lowest was 0.01. And the median was 0.07.

As of today (2024-05-04), the Forward Dividend Yield % of California Resources is 2.40%.

California Resources's Dividends per Share for the three months ended in Dec. 2023 was $0.31.

During the past 12 months, California Resources's average Dividends Per Share Growth Rate was 46.00% per year.

The growth rate is calculated with least square regression.

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


California Resources Dividend Yield % Historical Data

The historical data trend for California Resources's Dividend Yield % can be seen below:

* 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.

* Premium members only.

California Resources Dividend Yield % Chart

California Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.40 1.83 2.12

California Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 2.35 2.25 2.02 2.12

Competitive Comparison of California Resources's Dividend Yield %

For the Oil & Gas E&P subindustry, California Resources's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, California Resources's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where California Resources's Dividend Yield % falls into.



California Resources Dividend Yield % Calculation

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 0.3100002024-03-052024-03-062024-03-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.3100002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2830002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2830002023-05-312023-06-012023-06-16Cash DividendquarterlyUSD:USD 1.000000

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.186/51.68
=2.29 %

Current Share Price is $51.68.
California Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.186.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.24/51.68
=2.40 %

Current Share Price is $51.68.
California Resources's Dividends per Share for the forward twelve months is calculated as $0.31 * 4 = $1.24.

* 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  (NYSE:CRC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


California Resources Dividend Yield % Related Terms

Thank you for viewing the detailed overview of California Resources's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


California Resources (California Resources) 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.
Executives
Omar Hayat officer: EVP - Operations 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831
Peralta Manuela Molina officer: EVP and CFO 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831
William B Roby director 27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355
Goldentree Asset Management Lp 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Alejandra Veltmann director 1500 CITYWEST BLVD., SUITE 800, HOUSTON TX 77042
Neeman Brady Nicole Elana director 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Christopher D. Gould officer: EVP & Chief Sustainability Off 27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355
Ssf Iv Energy I Aiv 2, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Assf Operating Manager Iv, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Af V Energy Iv Aiv 1a, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Af V Energy Iv Aiv 1b, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Af V Energy Iv Aiv 2, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Ssf Iv Energy I Aiv 1a, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Acof Investment Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067