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Range Resources (Range Resources) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Range Resources 3-Year Dividend Growth Rate?

Range Resources's Dividends per Share for the three months ended in Mar. 2024 was $0.08.

The historical rank and industry rank for Range Resources's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Range Resources was 183.80% per year. The lowest was -20.60% per year. And the median was 14.15% per year.

RRC's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Range Resources's average Dividends Per Share Growth Rate was 33.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Range Resources's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.35. As of today, Range Resources's Dividend Yield % is 0.87%.

Warning Sign:

Range Resources Corp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Range Resources's 3-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, Range Resources's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Range Resources's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Range Resources's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Range Resources's 3-Year Dividend Growth Rate falls into.



Range Resources 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Range Resources  (NYSE:RRC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Range Resources's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.08/ 0.227
=0.35

During the past 13 years, the highest Dividend Payout Ratio of Range Resources was 0.30. The lowest was 0.02. And the median was 0.05.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Range Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0802024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0802023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0802023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0802023-06-152023-06-162023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Range Resources's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.32/37.31
=0.86 %

Current Share Price is $37.31.
Range Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.32.

During the past 13 years, the highest Dividend Yield of Range Resources was 3.69%. The lowest was 0.17%. And the median was 0.46%.

Warning Sign:

Range Resources Corp stock dividend yield is close to 1-year low.

* 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.


Range Resources 3-Year Dividend Growth Rate Related Terms>


Range Resources (Range Resources) Business Description

Industry
Traded in Other Exchanges
Address
100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.
Executives
Dori Ginn officer: Principal Financial Officer 100 THROCKMORTON SUITE 1200, FORT WORTH TX 76102
Charles G. Griffie director 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Reginal Spiller director 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Greg G Maxwell director 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Erin W Mcdowell officer: SVP & General Counsel 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Mark Scucchi officer: SVP & CFO 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Dennis Degner officer: SVP & COO 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
James M Funk director FOUR ALLEGHENY CENTER, 9TH FLOOR, PITTSBURGH PA 15212-5355
Jeffrey L Ventura officer: President and COO C/O RANGE RESOURCES CORPORATION, 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
David P Poole officer: Sr. VP & General Counsel 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
Steven D Gray director 125 W. MISSOURI AVE., SUITE 450, MIDLAND TX 79701
Steffen E Palko director
Margaret K Dorman director C/O SMITH INTERNATIONAL INC, PO BOX 60068, HOUSTON TX 77205
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111

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