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Range Resources (Range Resources) Dividend Payout Ratio : 0.35 (As of Mar. 2024)


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What is Range Resources Dividend Payout Ratio?

Range Resources's dividend payout ratio for the months ended in Mar. 2024 was 0.35.

The historical rank and industry rank for Range Resources's Dividend Payout Ratio or its related term are showing as below:

RRC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.3
Current: 0.3


During the past 13 years, the highest Dividend Payout Ratio of Range Resources was 0.30. The lowest was 0.02. And the median was 0.05.

RRC's Dividend Payout Ratio is ranked better than
64.68% of 453 companies
in the Oil & Gas industry
Industry Median: 0.44 vs RRC: 0.30

As of today (2024-04-27), the Dividend Yield % of Range Resources is 0.86%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Range Resources was 3.69%. The lowest was 0.17%. And the median was 0.46%.

Range Resources's Dividends per Share for the months ended in Mar. 2024 was $0.08.

During the past 12 months, Range Resources's average Dividends Per Share Growth Rate was 33.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Range Resources was 183.80% per year. The lowest was -20.60% per year. And the median was 14.15% per year.

The growth rate is calculated with least square regression.

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


Range Resources Dividend Payout Ratio Historical Data

The historical data trend for Range Resources's Dividend Payout Ratio 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.

Range Resources Dividend Payout Ratio Chart

Range Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.24

Range Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio 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 0.11 0.27 0.54 0.20 0.35

Competitive Comparison of Range Resources's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Range Resources's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Range Resources's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Range Resources's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Range Resources's Dividend Payout Ratio falls into.



Range Resources Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Range Resources's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.32/ 1.339
=0.24

Range 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 )
=0.08/ 0.227
=0.35

* 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.


Range Resources (NYSE:RRC) Dividend Payout Ratio Explanation

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.


Range Resources Dividend Payout Ratio Related Terms

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


Range Resources (Range Resources) Business Description

Traded in Other Exchanges
Address
100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.
Executives
Dori Ginn officer: Principal Financial Officer 100 THROCKMORTON SUITE 1200, FORT WORTH TX 76102
Charles G. Griffie director 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Reginal Spiller director 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Greg G Maxwell director 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Erin W Mcdowell officer: SVP & General Counsel 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Mark Scucchi officer: SVP & CFO 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Dennis Degner officer: SVP & COO 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
James M Funk director FOUR ALLEGHENY CENTER, 9TH FLOOR, PITTSBURGH PA 15212-5355
Jeffrey L Ventura officer: President and COO C/O RANGE RESOURCES CORPORATION, 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
David P Poole officer: Sr. VP & General Counsel 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
Steven D Gray director 125 W. MISSOURI AVE., SUITE 450, MIDLAND TX 79701
Steffen E Palko director
Margaret K Dorman director C/O SMITH INTERNATIONAL INC, PO BOX 60068, HOUSTON TX 77205
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111

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