Diamondback Energy, Inc. (FANG) Dividend

Diamondback Energy, Inc. (FANG) currently pays a dividend yield of 2.23%, distributing $4.15 per share annually ($1.10 per quarter). The company operates in the Energy sector.

FANG dividend at a glance

Dividend Yield2.23%
Annual Dividend$4.15 per share
Per Payment$1.10
Payout FrequencyQuarterly
Payments per Year4
Next Ex-Dividend DateAugust 14, 2026
Next Payment DateSeptember 4, 2026
Payout Ratio79%
SectorEnergy
Implied Share Price (from yield)$186.10

What FANG pays on a $10,000 investment

At a 2.23% yield, $10,000 invested in FANG generates about $223.00 per year, or roughly $55.75 every quarter. Share counts below use an implied price of $186.10, derived from the $4.15 annual dividend and the 2.23% yield.

Amount InvestedApprox. SharesAnnual Dividend IncomeIncome per Quarter
$1,0005.4$22.30$5.58
$5,00026.9$111.50$27.88
$10,00053.7$223.00$55.75
$25,000134.3$557.50$139.38
$100,000537.3$2,230.00$557.50

These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.

FANG dividend payment schedule

FANG pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is August 14, 2026, with payment on September 4, 2026. Later rows are projected forward at the same interval and will shift when Diamondback Energy, Inc. declares each dividend.

Ex-Dividend DatePayment DateAmount per ShareStatus
August 14, 2026September 4, 2026$1.10Confirmed
November 14, 2026December 5, 2026$1.10Projected
February 14, 2027March 7, 2027$1.10Projected
May 14, 2027June 4, 2027$1.10Projected

To collect a FANG dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.

How FANG's dividend compares

Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. FANG's 2.23% is 1.52 percentage points below that median, ranking 398th of 584 by yield.

Within Energy, where we track 40 names, the median yield is 5.22% — putting FANG below its sector.

What the numbers mean

FANG pays out roughly 79% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.

Like most US dividend payers, FANG distributes quarterly, so a full year of ownership produces four payments.

Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.

FANG dividend FAQ

When is the next FANG ex-dividend date?

The next FANG ex-dividend date is August 14, 2026, with the payment scheduled for September 4, 2026. You must own shares before the ex-dividend date to receive that payment.

What is FANG's dividend yield?

FANG currently yields 2.23%, based on $4.15 in dividends per share over the past year.

How often does FANG pay dividends?

FANG pays quarterly, which works out to 4 payments per year of about $1.10 per share.

How much dividend income would $10,000 of FANG generate?

At the current 2.23% yield, $10,000 invested in FANG would produce roughly $223.00 per year, or about $55.75 per quarter, before taxes and assuming the dividend holds.

Is FANG a Dividend Aristocrat?

No. FANG is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.

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Track FANG dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.