At the end of today, March 13, 2024, Matador Resources MTDR will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 1.41%. Shareholders who held the stock before the ex-dividend date on February 22, 2024 will benefit from this payout.
Matador Resources Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-22 | 4 | $0.2 | 1.41% | 2024-02-13 | 2024-02-23 | 2024-03-13 |
| 2023-11-09 | 4 | $0.2 | 1.22% | 2023-10-19 | 2023-11-10 | 2023-12-01 |
| 2023-08-10 | 4 | $0.15 | 1.08% | 2023-07-19 | 2023-08-11 | 2023-09-01 |
| 2023-05-10 | 4 | $0.15 | 1.16% | 2023-04-18 | 2023-05-11 | 2023-06-01 |
| 2023-02-24 | 4 | $0.15 | 0.92% | 2023-02-15 | 2023-02-27 | 2023-03-09 |
| 2022-11-09 | 4 | $0.1 | 0.59% | 2022-10-24 | 2022-11-10 | 2022-12-01 |
| 2022-08-16 | 4 | $0.1 | 0.84% | 2022-07-25 | 2022-08-17 | 2022-09-01 |
| 2022-05-17 | 4 | $0.05 | 0.38% | 2022-04-25 | 2022-05-18 | 2022-06-03 |
| 2022-03-03 | 4 | $0.05 | 0.45% | 2022-02-21 | 2022-03-04 | 2022-03-14 |
| 2021-11-09 | 4 | $0.05 | 0.46% | 2021-10-25 | 2021-11-10 | 2021-12-01 |
| 2021-08-11 | 4 | $0.03 | 0.32% | 2021-07-26 | 2021-08-12 | 2021-09-03 |
| 2021-05-12 | 4 | $0.03 | 0.42% | 2021-04-26 | 2021-05-13 | 2021-06-03 |
When comparing Matador Resources's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Civitas Resources CIVI having the highest annualized dividend yield at 8.25%.
Analyzing Matador Resources Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2021 to 2023, with the dividend per share rising from $0.12 to $0.65. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Matador Resources
From 2021 to 2023, Matador Resources has demonstrated an upward trend in earnings, with earnings per share rising from $0.66 to $6.86. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article takes an in-depth look at Matador Resources's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.20 per share today, translating to an annualized dividend yield of 1.41%.
When comparing Matador Resources's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Civitas Resources having the highest annualized dividend yield at 8.25%.
With an increase in dividend per share and earnings per share from 2021 to 2023, Matador Resources demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
[Track real-time stock fluctuations for Matador Resources on Benzinga.](https://www.benzinga.com/quote/Matador Resources (NYSE: MTDR))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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