DIVIDEND ANNOUNCEMENT: Diamondback Energy, Inc. (NASDAQ:FANG) on 05/04/2020 declared a dividend of $0.3750 per share

Diamondback Energy, Inc. (NASDAQ:FANG) on 05/04/2020 declared a dividend of $ 0.3750 per share payable on May 21, 2020 to shareholders of record as of May 14, 2020.

Diamondback Energy, Inc. (NASDAQ:FANG) has paid dividends since 2018, has a current dividend yield of 3.7239325047% and has increased its dividends for 1 successive years.

Diamondback Energy, Inc.'s market cap is $ 6,375,679,520 and has a PE ratio of 27.40. The stock price closed yesterday at $ 40.28 and has a 52 week low/high of $ 14.55 and $ 114.14.

Diamondback Energy is an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. Co.'s activities are primarily focused on horizontal development of the Spraberry and Wolfcamp formations of the Midland Basin and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the larger Permian Basin in West Texas and New Mexico.

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