Diamondback Energy (FANG) raises its dividend 18% to $1.18 a share
As seen on the 24/7 Wall St. homepage on November 2, 2026.
Diamondback lifted its quarterly payout 18% to $1.18 a share, payable November 19, a sign management sees free cash flow holding up while shale peers trim spending.
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Diamondback Energy raised its quarterly dividend 18% to $1.18 a share, payable November 19, 2026.
Hikes of this size are uncommon in the shale patch while peers pull back on spending.
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Shareholders who wait forgo the higher payout.
Whether Diamondback holds this payout level in coming quarters is the variable to track.
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Mentioned: FANG