
PBF Energy Inc.
PBFEnergy · Oil & Gas Refining & Marketing · Stock · quarterly payer
Forward Yield
1.30%
Annual Dividend
$1.10
Payout Ratio
10%
5-Yr Growth
-1.7%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Key facts about PBF's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, PBF Energy Inc. (PBF) has a forward dividend yield of 1.30%, based on an annual dividend of $1.10 per share and a share price of $84.52.
- As of Oct 18, 2026, PBF's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, PBF Energy Inc. (PBF) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
- PBF last cut its regular dividend in 2023.
- PBF's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.28 per share.
- As of Oct 18, 2026, PBF pays out 10% of its trailing 12-month earnings as dividends (its payout ratio).
- PBF's dividend has shrunk at an average rate of 1.7% a year over the past five years.
- As of Oct 18, 2026, PBF's 1.30% yield is 45% below its five-year average yield of 2.36%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PBF is $169.66 per share, 101% above the $84.52 share price, so PBF screens as undervalued.
- PBF Energy Inc. (PBF) pays its dividend quarterly, 4 times a year.
- PBF Energy Inc. (PBF) has raised its regular dividend 2 times and cut it 0 times across the 45 payments on record since 2013. Its most recent change was a 10.0% increase to $0.275 per share, going ex-dividend on Nov 13, 2024.
Cite this page
SmarterDividends, "PBF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PBF
Summary
As of Oct 18, 2026, PBF Energy Inc. (PBF) yields 1.30% ($1.10 a year per share), has a dividend safety grade of C (63/100) and has 3 consecutive years of dividend increases on record.
Is PBF a good dividend stock?
Yes, with caveatsPBF Energy Inc. (PBF) pays a quarterly dividend yielding 1.30% ($1.10/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (10%)
- 575% total price return over 5 years
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 1.30%
- Payout Ratio
- 10%
- Annual Dividend
- $1.10
- 5-Yr Avg Growth
- -1.7%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.17
- Market Cap
- $10.0B
- P/E Ratio
- 7.4
- 5-Yr Total Return
- 575%
- 52-Week Range
- $25.62 – $92.46
- Dividend Safety
- C · 63/100
- Ever Cut?
- Yes (2023)
PBF dividend raises and cuts
PBF Energy Inc. (PBF) has raised its regular dividend 2 times and cut it 0 times across the 45 payments on record since 2013. Its most recent change was a 10.0% increase to $0.275 per share, going ex-dividend on Nov 13, 2024.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 13, 2024 | Raise | $0.250 → $0.275 | +10.0% |
| Nov 14, 2023 | Raise | $0.200 → $0.250 | +25.0% |
Frequently Asked Questions
Is PBF a good dividend stock?
Yes, with caveats. PBF Energy Inc. (PBF) pays a quarterly dividend yielding 1.30% ($1.10/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is PBF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PBF's fair value is about $169.66 versus a $84.52 share price — so it looks undervalued (+101% vs. fair value).
Is PBF's dividend safe?
PBF has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is PBF's fair value?
Our blended fair-value estimate for PBF is about $169.66 per share, roughly 101% above the current $84.52 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is PBF a buy, hold, or sell?
We don't issue formal ratings, but on the data PBF screens as "yes, with caveats" and undervalued. PBF Energy Inc. (PBF) pays a quarterly dividend yielding 1.30% ($1.10/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will PBF cut its dividend?
PBF earns a dividend-safety grade of C (63/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does PBF pay a dividend?
Yes. PBF Energy Inc. pays a quarterly dividend of about $1.10 per share annually, a forward yield of roughly 1.30%.
What is PBF's dividend yield?
As of Oct 18, 2026, PBF's forward dividend yield is 1.30%, based on a $1.10 annual dividend and a $84.52 share price.
What is PBF's dividend per share?
As of Oct 18, 2026, PBF pays $1.10 per share per year, distributed on a quarterly basis.
What is PBF's dividend payout ratio?
As of Oct 18, 2026, PBF's payout ratio is 10% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has PBF grown its dividend?
As of Oct 18, 2026, PBF has increased its dividend for 3 consecutive years.
When is the next PBF ex-dividend date?
As of Oct 18, 2026, PBF's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.28 per share.
PBF Price — Last 12 Months
Daily close
Price Return
1 Year
+145%
3 Years
+90%
5 Years
+575%
52-Week Range
$25.62 – $92.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PBF worth?
Undervaluedlow confidenceOur blended fair-value estimate for PBF Energy Inc. is $169.66 per share, versus a market price of $84.52. That implies 101% of upside — a margin of safety of about 50%.
Fair Value
$169.66
Current Price
$84.52
Upside
+101%
Margin of Safety
50%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $11.36 EPS, $1.10 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PBF Dividend Safety Score
Borderline
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
Dividend History
Full PBF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Aug 28, 2026 | $0.2750 | regular |
| May 14, 2026 | May 29, 2026 | $0.2750 | regular |
| Feb 25, 2026 | Mar 11, 2026 | $0.2750 | regular |
| Nov 14, 2025 | Nov 26, 2025 | $0.2750 | regular |
| Aug 14, 2025 | Aug 28, 2025 | $0.2750 | regular |
| May 15, 2025 | May 29, 2025 | $0.2750 | regular |
| Feb 27, 2025 | Mar 14, 2025 | $0.2750 | regular |
| Nov 13, 2024 | Nov 27, 2024 | $0.2750 | regular |
| Aug 15, 2024 | Aug 29, 2024 | $0.2500 | regular |
| May 15, 2024 | May 30, 2024 | $0.2500 | regular |
| Feb 28, 2024 | Mar 14, 2024 | $0.2500 | regular |
| Nov 14, 2023 | Nov 30, 2023 | $0.2500 | regular |
| Aug 16, 2023 | Aug 31, 2023 | $0.2000 | regular |
| May 16, 2023 | May 31, 2023 | $0.2000 | regular |
Income Calculator
At $1.10 / yr per share
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