Diamondback Energy (NASDAQ: FANG) declared a quarterly dividend of $0.70 per share, or $2.8 annualized. This is a 16.7% increase from the prior dividend of $0.60.

The dividend will be payable on May 23, 2022, to stockholders of record on May 12, 2022, with an ex-dividend date of May 11, 2022.

The annual yield on the dividend is 2.2 percent.

For a dividend history and other dividend-related data on Diamondback Energy (FANG) click here.