Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 -0.0224948875255626 -0.0224948875255626
Stock impact report

California Resources' (NYSE:CRC) Dividend Will Be $0.3875 [Yahoo! Finance]

California Resources Corporation (CRC) 
NASDAQ:AMEX Investor Relations: crc.com/investor-relations
Company Research Source: Yahoo! Finance
Even though the dividend went up, the yield is still quite low at only 2.7%. View our latest analysis for California Resources If it is predictable over a long period, even low dividend yields can be attractive. Before making this announcement, California Resources was easily earning enough to cover the dividend. This means that most of what the business earns is being used to help it grow. EPS is set to fall by 31.4% over the next 12 months. If the dividend continues along the path it has been on recently, we estimate the payout ratio could be 41%, which is comfortable for the company to continue in the future. The dividend has been pretty stable looking back, but the company hasn't been paying one for very long. This makes it tough to judge how it would fare through a full economic cycle. Since 2021, the dividend has gone from $0.68 total annually to $1.55. This implies that the company grew its distributions at a yearly rate of about 32% over that duration. It is always nic Show less Read more
Impact Snapshot
Event Time:
CRC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CRC alerts
Opt-in for
CRC alerts

from News Quantified
Opt-in for
CRC alerts

from News Quantified