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Civitas Resources (Civitas Resources) Dividend Yield %

: 9.49% (As of Today)
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As of today (2024-04-20), the Trailing Annual Dividend Yield of Civitas Resources is 9.49%.

Good Sign:

Civitas Resources Inc stock dividend yield is close to 3-year high.

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

CIVI' s Dividend Yield % Range Over the Past 10 Years
Min: 0.71   Med: 2.78   Max: 9.64
Current: 9.49

During the past 9 years, the highest Dividend Yield of Civitas Resources was 9.64%. The lowest was 0.71%. And the median was 2.78%.

CIVI's Dividend Yield % is ranked better than
86.03% of 494 companies
in the Oil & Gas industry
Industry Median: 4.045 vs CIVI: 9.49

Civitas Resources's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.66.

During the past 9 years, the highest Dividend Payout Ratio of Civitas Resources was 0.61. The lowest was 0.11. And the median was 0.15.

As of today (2024-04-20), the Forward Dividend Yield % of Civitas Resources is 7.97%.

Civitas Resources's Dividends per Share for the three months ended in Dec. 2023 was $1.59.

During the past 12 months, Civitas Resources's average Dividends Per Share Growth Rate was 215.10% per year.

The growth rate is calculated with least square regression.

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


Civitas Resources Dividend Yield % Historical Data

The historical data trend for Civitas 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.

Civitas Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 2.37 3.29 8.70

Civitas 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 % 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 Premium Member Only Premium Member Only Premium Member Only 3.29 2.82 5.16 6.01 8.70

Competitive Comparison

For the Oil & Gas E&P subindustry, Civitas 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.


Civitas Resources Dividend Yield % Distribution

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

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



Civitas Resources Dividend Yield % Calculation

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

Civitas Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.4502024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 1.5902023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.7402023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 2.1202023-06-142023-06-152023-06-29Cash 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.

Civitas Resources's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6.9/72.63
=9.50 %

Current Share Price is $72.63.
Civitas Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.9.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.8/72.63
=7.99 %

Current Share Price is $72.63.
Civitas Resources's Dividends per Share for the forward twelve months is calculated as $1.45 * 4 = $5.8.

* 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.


Civitas Resources  (NYSE:CIVI) 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.


Civitas Resources Dividend Yield % Related Terms

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


Civitas Resources (Civitas Resources) Business Description

Traded in Other Exchanges
Address
555 17th Street, Suite 3700, Denver, CO, USA, 80202
Civitas Resources Inc is an independent exploration and production company engaged in the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, in the Denver-Julesburg Basin of Colorado (DJ Basin). The company's operations are focused on developing the horizontal Niobrara and Codell formations that have a low-cost structure, mature infrastructure, production efficiencies, multiple producing horizons, multiple service providers, established reserves, and prospective drilling opportunities.
Executives
Jeffrey S Kelly officer: Chief Transformation Officer C/O CIVITAS RESOURCES, 555 17TH STREET, SUITE 3700, DENVER CO 80202
Kimmeridge Energy Management Company, Llc director, 10 percent owner, other: See Remarks 15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Travis L Counts officer: Chief Legal Officer & Sec. 555 17TH STREET, SUITE 3700, DENVER CO 80202
Thomas Hodge Walker officer: Chief Operating Officer 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Van Kempen Wouter T. director 370 17TH STREET, SUITE 2500, DENVER CO 80202
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Sandra Garbiso officer: Vice President and CAO 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
M. Christopher Doyle officer: President & CEO 555 - 17TH STREET, SUITE 3700, DENVER CO 80022
Brian Cain officer: Chief Sustainability Officer 410-17TH STREET, SUITE 1400, DENVER CO 80202
Dean Tinsley officer: SVP, Operations 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Brant Demuth officer: EVP & Chief Financial Officer 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Marter Iv Cyrus D officer: SVP, General Counsel & Secy. 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Morris R Clark director CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202

Civitas Resources (Civitas Resources) Headlines

From GuruFocus

Civitas Announces Leadership Team Changes

By Business Wire Business Wire 07-25-2022

Civitas Names M. Chris Doyle Chief Executive Officer

By Business Wire Business Wire 05-02-2022

Unveiling the Dividend Outlook of Civitas Resources Inc

By GuruFocus Research 09-14-2023

Civitas Releases Inaugural Corporate Sustainability Report

By Business Wire Business Wire 05-04-2022

Civitas Resources, Inc. Repurchases $300 Million of its Common Stock

By Business Wire Business Wire 01-24-2023

S&T Bank/PA Buys 3, Sells 2 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-18-2022