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Crescent Energy Co (Crescent Energy Co) Dividend Yield % : 3.95% (As of May. 13, 2024)


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What is Crescent Energy Co Dividend Yield %?

As of today (2024-05-13), the Trailing Annual Dividend Yield of Crescent Energy Co is 3.95%.

Warning Sign:

Crescent Energy Co stock dividend yield is close to 1-year low.

The historical rank and industry rank for Crescent Energy Co's Dividend Yield % or its related term are showing as below:

CRGY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.63   Med: 4.65   Max: 6.93
Current: 3.95

During the past 6 years, the highest Dividend Yield of Crescent Energy Co was 6.93%. The lowest was 0.63%. And the median was 4.65%.

CRGY's Dividend Yield % is ranked worse than
51.21% of 496 companies
in the Oil & Gas industry
Industry Median: 3.985 vs CRGY: 3.95

Crescent Energy Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.31.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Crescent Energy Co is 0.80, which seems too high.

During the past 6 years, the highest Dividend Payout Ratio of Crescent Energy Co was 1.49. The lowest was 0.12. And the median was 0.81.

As of today (2024-05-13), the Forward Dividend Yield % of Crescent Energy Co is 3.95%.

Crescent Energy Co's Dividends per Share for the three months ended in Mar. 2024 was $0.12.

During the past 12 months, Crescent Energy Co's average Dividends Per Share Growth Rate was -29.40% per year.

The growth rate is calculated with least square regression.

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


Crescent Energy Co Dividend Yield % Historical Data

The historical data trend for Crescent Energy Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Crescent Energy Co Dividend Yield % Chart

Crescent Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - 5.25 4.01

Crescent Energy Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.01 6.05 4.59 4.01 4.03

Competitive Comparison of Crescent Energy Co's Dividend Yield %

For the Oil & Gas E&P subindustry, Crescent Energy Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Crescent Energy Co's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Crescent Energy Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Crescent Energy Co's Dividend Yield % falls into.



Crescent Energy Co Dividend Yield % Calculation

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

Crescent Energy Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1200002024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-11-172023-11-202023-12-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-08-222023-08-232023-09-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-05-232023-05-242023-06-07Cash 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.

Crescent Energy Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.48/12.16
=3.95 %

Current Share Price is $12.16.
Crescent Energy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.48.

Crescent Energy Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.48/12.16
=3.95 %

Current Share Price is $12.16.
Crescent Energy Co's Dividends per Share for the forward twelve months is calculated as $0.12 * 4 = $0.48.

* 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.


Crescent Energy Co  (NYSE:CRGY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Crescent Energy Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Crescent Energy Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Crescent Energy Co (Crescent Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
600 Travis Street, Suite 7200, Houston, TX, USA, 77002
Crescent Energy Co an independent energy company with a portfolio of assets in key basins across the lower 48 states. The company maintains a diverse portfolio of assets in key proven basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. It seeks to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets complemented by non?operated assets, mineral and royalty interests, and midstream infrastructure.
Executives
David C. Rockecharlie director, officer: Chief Executive Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Brandi Kendall director, officer: Chief Financial Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Independence Energy Aggregator L.p. 10 percent owner 600 TRAVIS STREEET, SUITE 7200, HOUSTON TX 77002
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Todd Falk officer: Chief Accounting Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Bo Shi officer: See Remarks 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
John Clayton Rynd officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Teacher Retirement System Of Texas 10 percent owner 1000 RED RIVER STREET, AUSTIN TX 78701
Benjamin Conner officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Karen Jo Simon director 1918 OLIVE STREET, #2904, DALLAS TX 75201
Bevin Brown director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Erich Bobinsky director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Assets Holdings Iii L.p. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Assets Iii Gp Llc 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001