Comstock Resources (CRK) for Growth + Income

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dan_s
Posts: 34908
Joined: Fri Apr 23, 2010 8:22 am

Comstock Resources (CRK) for Growth + Income

Post by dan_s »

Did you know that CRK has the highest dividend yield in the Sweet 16? Based on the May 19th closing price, CRK's annualized dividend yield is 4.85%.

On May 1, 2023, Comstock's Board of Directors declared a quarterly dividend of $0.125 per common share. The dividend will be payable on June 15, 2023 to stockholders of record at the close of business on June 1, 2023.
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I am often asked which companies in the Sweet 16 pay dividends. It is shown in column E of tab 2 on the Sweet 16 summary spreadsheet.

Five companies in the Sweet 16 DO NOT currently pay dividends: AR, CPE, ESTE, VTLE and SBOW. I do expect ESTE to announce a dividend program soon. The other four companies do generate enough free cash flow to pay dividends.

If you are investing for dividend yield, check out our High Yield Income Portfolio.
Dan Steffens
Energy Prospectus Group
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