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Civitas Resources (STU:B2C) Dividend Payout Ratio : 0.66 (As of Dec. 2023)


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What is Civitas Resources Dividend Payout Ratio?

Civitas Resources's dividend payout ratio for the months ended in Dec. 2023 was 0.66.

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

STU:B2C' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.15   Max: 0.61
Current: 0.6


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.

STU:B2C's Dividend Payout Ratio is ranked worse than
63.05% of 452 companies
in the Oil & Gas industry
Industry Median: 0.45 vs STU:B2C: 0.60

As of today (2024-05-03), the Dividend Yield % of Civitas Resources is 9.46%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Civitas Resources was 9.64%. The lowest was 0.71%. And the median was 2.79%.

Civitas Resources's Dividends per Share for the months ended in Dec. 2023 was €1.46.

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 Payout Ratio Historical Data

The historical data trend for Civitas 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.

Civitas Resources Dividend Payout Ratio Chart

Civitas Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only - - 0.15 0.11 0.61

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 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 0.20 0.22 1.08 0.54 0.66

Competitive Comparison of Civitas Resources's Dividend Payout Ratio

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


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

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

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



Civitas Resources Dividend Payout Ratio Calculation

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

Civitas 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 )
=5.456/ 8.894
=0.61

Civitas Resources's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.458/ 2.221
=0.66

* 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 (STU:B2C) 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.


Civitas Resources Dividend Payout Ratio Related Terms

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


Civitas Resources (STU:B2C) 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.

Civitas Resources (STU:B2C) Headlines

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