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Diamondback Energy, Inc. (NASDAQ:FANG) Raises Dividend to $1.10 Per Share
Diamondback Energy, Inc. (NASDAQ:FANG) announced a quarterly dividend increase to $1.10 per share, up 4.8% from its previous dividend of $1.05. The company also reported strong Q1 results, beating revenue and EPS expectations, and raised its 2026 production guidance. This dividend increase reflects management’s confidence in cash generation and a focus on shareholder returns despite a significant non-cash impairment charge.