SmarterDividends
FANG

Diamondback Energy, Inc.

FANG

Energy · Stock · quarterly payer

Forward Yield

2.17%

Annual Dividend

$4.40

Payout Ratio

413%

5-Yr Growth

21.7%

Ex-Date

May 14, 2026

Frequency

Quarterly

FANG Dividend Safety Score

46/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage413% of earnings paid out
Free-cash-flow coverage89% of free cash flow
Balance-sheet strengthDebt/equity of 0.33
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is FANG a good dividend stock?

Mixed

Diamondback Energy, Inc. (FANG) pays a quarterly dividend yielding 2.17% ($4.40/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 21.7% 5-yr dividend growth
  • 112% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (413%)
  • Below-average dividend safety score

Key Data

Dividend Yield
2.17%
Payout Ratio
413%
Annual Dividend
$4.40
5-Yr Avg Growth
21.7%
Ex-Dividend Date
May 14, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.39
Market Cap
$57.1B
P/E Ratio
209.2
5-Yr Total Return
112%
52-Week Range
$134.30 – $214.51
Dividend Safety
D · 46/100
Ever Cut?
Yes (2025)
FANG ex-dividend date & scheduleNext ex-date May 14, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $4.40 / yr per share

Per payment (quarterly)$110.00
Annual$440.00
Monthly avg$36.67