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Ex-Dividend Reminder: California Resources, Granite Ridge Resources and Pioneer Natural Resources

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As a percentage of CRC's recent stock price of $38.87, this dividend works out to approximately 0.73%, so look for shares of California Resources Corp to trade 0.73% lower — all else being equal — when CRC shares open for trading on 5/31/23. Similarly, investors should look for GRNT to open 1.89% lower in price and for PXD to open 0.60% lower, all else being equal.

Below are dividend history charts for CRC, GRNT, and PXD, showing historical dividends prior to the most recent ones declared.

California Resources Corp (NYSE:CRC):

Granite Ridge Resources Inc (NYSE:GRNT):

Pioneer Natural Resources Co (NYSE:PXD):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.91% for California Resources Corp, 7.57% for Granite Ridge Resources Inc, and 2.41% for Pioneer Natural Resources Co.

In Tuesday trading, California Resources Corp shares are currently down about 1.3%, Granite Ridge Resources Inc shares are down about 1.5%, and Pioneer Natural Resources Co shares are down about 0.1% on the day.