SmarterDividends
CRC

California Resources Corporation

CRC

Energy · Oil & Gas E&P · Stock · quarterly payer

$54.33

Undervalued · +52% Add to Portfolio

Forward Yield

2.98%

Annual Dividend

$1.62

Payout Ratio

38%

5-Yr Growth

—

Ex-Date

Sep 4, 2026

Frequency

Quarterly

Key facts about CRC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, California Resources Corporation (CRC) has a forward dividend yield of 2.98%, based on an annual dividend of $1.62 per share and a share price of $54.33.
  • As of Oct 18, 2026, CRC's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, California Resources Corporation (CRC) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
  • CRC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • CRC's most recent ex-dividend date was Sep 4, 2026, for a dividend of $0.41 per share.
  • As of Oct 18, 2026, CRC pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, CRC's 2.98% yield is 37% above its five-year average yield of 2.17%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for CRC is $82.77 per share, 52% above the $54.33 share price, so CRC screens as undervalued.
  • California Resources Corporation (CRC) pays its dividend quarterly, 4 times a year.
  • California Resources Corporation (CRC) has raised its regular dividend 4 times and cut it 0 times across the 20 payments on record since 2021. Its most recent change was a 4.4% increase to $0.405 per share, going ex-dividend on Dec 1, 2025.
Cite this page

SmarterDividends, "CRC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/CRC

Summary

As of Oct 18, 2026, California Resources Corporation (CRC) yields 2.98% ($1.62 a year per share), has a dividend safety grade of B (75/100) and has 3 consecutive years of dividend increases on record.

Is CRC a good dividend stock?

Yes

California Resources Corporation (CRC) pays a quarterly dividend yielding 2.98% ($1.62/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (38%)

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.98%
Payout Ratio
38%
Annual Dividend
$1.62
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 4, 2026
Years of Growth
3
Frequency
quarterly
Beta
1.02
Market Cap
$4.8B
P/E Ratio
—
5-Yr Total Return
39%
52-Week Range
$43.25 – $71.98
Dividend Safety
B · 75/100
Ever Cut?
No

CRC dividend raises and cuts

California Resources Corporation (CRC) has raised its regular dividend 4 times and cut it 0 times across the 20 payments on record since 2021. Its most recent change was a 4.4% increase to $0.405 per share, going ex-dividend on Dec 1, 2025.

Ex-dateChangeOld → newMove
Dec 1, 2025Raise$0.388 → $0.405+4.4%
Aug 30, 2024Raise$0.310 → $0.388+25.2%
Nov 30, 2023Raise$0.283 → $0.310+9.5%
Nov 30, 2022Raise$0.170 → $0.283+66.5%
Every CRC payment →Download every raise and cut (CSV)
CRC ex-dividend date & scheduleNext ex-date Sep 4, 2026 · full ex-dividend historyView →CRC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CRC a good dividend stock?

Yes. California Resources Corporation (CRC) pays a quarterly dividend yielding 2.98% ($1.62/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is CRC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CRC's fair value is about $82.77 versus a $54.33 share price — so it looks undervalued (+52% vs. fair value).

Is CRC's dividend safe?

CRC has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is CRC's fair value?

Our blended fair-value estimate for CRC is about $82.77 per share, roughly 52% above the current $54.33 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CRC a buy, hold, or sell?

We don't issue formal ratings, but on the data CRC screens as "yes" and undervalued. California Resources Corporation (CRC) pays a quarterly dividend yielding 2.98% ($1.62/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will CRC cut its dividend?

CRC earns a dividend-safety grade of B (75/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CRC pay a dividend?

Yes. California Resources Corporation pays a quarterly dividend of about $1.62 per share annually, a forward yield of roughly 2.98%.

What is CRC's dividend yield?

As of Oct 18, 2026, CRC's forward dividend yield is 2.98%, based on a $1.62 annual dividend and a $54.33 share price.

What is CRC's dividend per share?

As of Oct 18, 2026, CRC pays $1.62 per share per year, distributed on a quarterly basis.

What is CRC's dividend payout ratio?

As of Oct 18, 2026, CRC's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CRC grown its dividend?

As of Oct 18, 2026, CRC has increased its dividend for 3 consecutive years.

When is the next CRC ex-dividend date?

As of Oct 18, 2026, CRC's next ex-dividend date hasn't been announced. The most recent was Sep 4, 2026, for $0.41 per share.

Income Calculator

At $1.62 / yr per share

Per payment (quarterly)$40.50
Annual$162.00
Monthly avg$13.50

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