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Comstock Resources (Comstock Resources) Dividend Yield %

: 4.07% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Comstock Resources is 4.07%.

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

CRK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.69   Med: 3.23   Max: 19.84
Current: 4.07

During the past 13 years, the highest Dividend Yield of Comstock Resources was 19.84%. The lowest was 0.69%. And the median was 3.23%.

CRK's Dividend Yield % is ranked better than
50.51% of 493 companies
in the Oil & Gas industry
Industry Median: 4.07 vs CRK: 4.07

Comstock Resources's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.25.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Comstock Resources Inc is 1.74, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Comstock Resources was 1.74. The lowest was 0.02. And the median was 0.54.

As of today (2024-04-19), the Forward Dividend Yield % of Comstock Resources is 0.00%.

Comstock Resources's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

During the past 12 months, Comstock Resources's average Dividends Per Share Growth Rate was 300.00% per year.

The growth rate is calculated with least square regression.

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


Comstock Resources Dividend Yield % Historical Data

The historical data trend for Comstock 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.

Comstock Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.92 5.65

Comstock 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 0.92 2.32 3.23 4.53 5.65

Competitive Comparison

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


Comstock Resources Dividend Yield % Distribution

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

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



Comstock Resources Dividend Yield % Calculation

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

Comstock Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1252023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-05-312023-06-012023-06-15Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.375/9.28
=4.04 %

Current Share Price is $9.28.
Comstock Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.375.

* 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.


Comstock Resources  (NYSE:CRK) 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.


Comstock Resources Dividend Yield % Related Terms

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


Comstock Resources (Comstock Resources) Business Description

Traded in Other Exchanges
Address
5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent energy company operating in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana, Texas and North Dakota.
Executives
Roland O Burns director, officer: Sr. VP & CFO 5300 TOWN AND COUNTY BLVD SUITE 500, FRISCO TX 75034
Brian Christopher Claunch officer: VP of Financial Reporting 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Patrick Mcgough officer: Vice President of Operations 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Jim L Turner director DEAN FOODS COMPANY, 2711 N. HASKELL AVE., SUITE 3400, DALLAS TX 75204
Morris E Foster director C/O EXXON MOBIL CORP, 5959 LAS COLINAS BLVD., IRVING TX 75039-2298
Newell Clifford Doyle Iii officer: VP of Corporate Development 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
M Jay Allison director, officer: Chairman & CEO 5300 TOWN AND COUNTY BLVD SUITE 500, FRISCO TX 75034
Kanaman Lori Ann Arendt officer: VP of Marketing 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Stuart D Porter director, 10 percent owner 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Russell W Romoser officer: VP of Reservoir Engineering 5300 TOWN AND COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Ronald Eugene Mills officer: VP of Finance. and IR 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
John David Jacobi director 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
David John Terry officer: Sr. VP of Corporate Dev. 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Covey Park Holdings Llc director, 10 percent owner 8401 N. CENTRAL EXPRESSWAY, SUITE 700, DALLAS TX 75225
Jordan Tatum Marye director 700 LOUISIANA STREET, SUITE 3700, HOUSTON TX 77002